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    Bitcoin Falls To Two-Week Lows As $6 Billion In Options Set To Expire — What’s Next?

    By CDM Staff
    March 25, 2021
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    Bitcoin Falls To Two-Week Lows As $6 Billion In Options Set To Expire — What’s Next?
    Image by Bitcoin Avenue

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    Bitcoin’s (BTC) price has been in retreat, down 20% since the recent all-time high at $62,000 in mid-March. As crypto markets are frequently volatile, this may very well be another normal pullback within the current bull cycle. 

    Corrections are needed to generate strength for further upward momentum as markets can’t go up in a straight line. Additionally, a record $6 billion expiration of options is expected on March 26, which often brings some volatility. 

    It is also quite common for the market's momentum to shift momentum once the options expiration date comes and goes...

    To read more visit CoinTelegraph.

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    CDM Staff

    The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
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