In September, $11B worth of bitcoin options are set to expire, with a heavy concentration of call options at the $140,000 strike price.



For August, the dominant strike price sits at $124,000, IMO acting as a magnet that keeps bitcoin’s price below its all-time high and with a potential move to fill the CME gap down to $117,000.

IV is likely to continue to compress throughout August.

September should be the breakout for both vol. and price.

Agree with @JoeCarlasare, Ethereum taking out $5k, will only push bitcoin higher.
IN19.96%
BTC1.1%
MOVE5.11%
ETH8.95%
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