- BITCOIN FORECAST
Bitcoin Max Pain is set at $41,000 for 19 March expiry
What's new?
Bitcoin Max Pain is set at $41,000 for 19 March expiry.
Why is this relevant?
Max pain for options expiring on 19 March is set at $41,000. Interestingly enough, max pain dips to $40,000 for 20 March expiry.
What does the data tell us?
The data tells us that ‘max pain’ has acted as a magnet to Bitcoin as expiry approaches. The pattern repeated today as Bitcoin currently trades at $41,000 with a max pain of $41,000 for options expiring on 19 March.
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