Alert: $BTC Holds $70,712 as $13.5B Options Expire

$BTC has defended $70K four times this week, even as the Fear & Greed Index drops to 12 — extreme fear.

Today marks quadruple witching in traditional markets — trillions in derivatives settle at once. Crypto is increasingly tethered to equities; today’s stock moves could ripple into $BTC tonight.

On Deribit, $13.5B in crypto options expire March 27. Positioning points to volatility plays, not directional bets. The market isn’t choosing a side — it’s bracing for impact.

Verdict: Neutral. $70K is the pivot. Watch closely.

#Bitcoin #BTC #Deribit #CryptoOptions