Max pain Bitcoin price is at around $50,000 as over 134,000 BTC are set to expire on Deribit this Friday.
Over $9.4 billion worth of Bitcoin (BTC) options are set to expire on the Deribit cryptocurrency exchange on March 29, as some analysts suggest that Bitcoin’s “max pain” price could be around the $50,000 range.
Over 134,000 BTC worth of open interest is set to expire on the Deribit exchange at 8 am UTC on Friday, suggesting a max pain price of $50,000, according to data shared by Unfolded in a March 27 X (formerly Twitter) post.
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