Approximately $23.6 billion in Bitcoin options contracts will expire this Friday, December 26, and the Max Pain Price is at 96 000$ ✍️

This is one of the largest expirations ever recorded, which is expected to cause significant volatility in the price of BTC in the coming days.

Options are contracts that allow you to buy (calls) or sell (puts) Bitcoin at a predetermined price. For the expiration on December 26, the calls are positioned between $100,000-$120,000, while the puts are mainly concentrated around $85,000.

The Max Pain Price is the price at which expirations could cause the most losses to traders, and it is estimated to be $96,000. This means that by Friday, Bitcoin should approach this price or, in any case, not stray too far from it ⏳