$BTC IS TESTING THE KEY SUPPORT THAT COULD DETERMINE THE NEXT MOVE 🎯
Quarterly options expiry is tomorrow and Bitcoin just swept below $60,000. The GEX heatmap shows $60,000 is a major support level — but open interest is also stacking up at $58,000 and $59,000. Institutions and whales haven't been positioning for a breakdown; they're waiting for expiration to pass.
This creates a compressed zone where liquidity is concentrated. The real question is whether the market will defend $60,000 or hunt the deeper pockets first.
Not financial advice. Always manage your risk.
#BTC #QuarterlyExpiry #SupportLevel #Options
🎯
Quarterly options expiry is tomorrow and Bitcoin just swept below $60,000. The GEX heatmap shows $60,000 is a major support level — but open interest is also stacking up at $58,000 and $59,000. Institutions and whales haven't been positioning for a breakdown; they're waiting for expiration to pass.
This creates a compressed zone where liquidity is concentrated. The real question is whether the market will defend $60,000 or hunt the deeper pockets first.
Not financial advice. Always manage your risk.
#BTC #QuarterlyExpiry #SupportLevel #Options
🎯