Bitcoin Coils Near Highs as Bulls Defend Gains Ahead of Resistance
Bitcoin price started a fresh increase above $92,500. BTC is now consolidating gains and might attempt an upside break above $93,500.
Today is a crucial day in the cryptocurrency market, as more than $14 billion worth of Bitcoin and Ethereum options are due to expire. Such a huge expiration may result in significant price changes and trading volumes. Currently, Bitcoin is trading at around $85,000, down by 3% from earlier this week.
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