$4 billion bitcoin option closing

[hizirplay]

Tomorrow will be an important day close to $4 billion option closing and we can see big price movements towards this close (Max Pain:24k)

 

[alurosu]

So BTC at $29500 ?

 

[hizirplay]

So BTC at $29500 ?

No it is call options

 

[mojojojoy]

What factors likely to influence the price movements leading up to the option closing?

 

[hizirplay]

What factors likely to influence the price movements leading up to the option closing?

There will be 29k shooting range, but the bear will try to shoot 25k

 

[StyxYouGotMe]

In layman's term, what does this indicate? Are you suggesting that we buy btc now?