The $1.2 billion options wall came down, and this time Bitcoin actually moved
The options wall blamed for Bitcoin's stagnation was worth $1.2 billion in notional value and almost nothing in real pressure.
Track crypto price watch updates, sharp market moves, key levels, and fast reactions to breaking developments across digital assets.
BTC must absorb selling from older and newer investors before challenging nearly $4.5 billion in call open interest between $70,000 and $80,000
At $64,000, Bitcoin must rise 12.7% to reach the first major buyer cost basis and 92.2% to return last year’s $120,000 July breakthrough.
BTC jumped after a softer CPI report, though escalating US-Iran hostilities could revive inflation and rate concerns.
Bitcoin rose above $64,000 during the week, while analysts said one week of ETF inflows was too little to establish a broader demand recovery.
Bitcoin has avoided a deeper break, but rising oil prices are reviving rate concerns that could pressure risk assets.
The washout reduced forced-selling risk, but spot volume and ETF creations still need to carry the next move.