Bitcoin price breaks from range with drop below $28K, and options tilt toward BTC bears Post author:MiamiCrypto Post published:August 17, 2023 Post category:deribit / FOMC / Markets / Options / powell / S&P About $570 million in weekly BTC options expire on Friday, and the recent macro and crypto news events have further tilted the advantage to bearish traders. You Might Also Like Ethereum needs to defend $1,180 to sustain this 50-day ascending pattern December 30, 2022 BlackRock says over 90% of Bitcoin ETF investors are long-term accumulators March 14, 2026 ‘Crypto summer’ likely to start in Q2 2023, Morgan Creek Capital CEO says February 3, 2023