X @Ignas | DeFi

Market Prediction - Industry analysts predict a potential Bitcoin (BTC) price surge to $96,000 within 5 days [1] - This prediction is based on the upcoming BTC options expiry on December 26, with a significant $938 billion open interest on Deribit [2] Options Market Dynamics - The majority of open interest is concentrated around the $96,000 level [3] - At this price point, a large number of options are expected to expire worthless, benefiting option sellers such as market makers and large desks [4][5] - Option sellers' hedging and positioning strategies may influence the price to move towards the $96,000 level as the expiry date approaches [6]