$BTC Grinding in the $86000$89000 Range Quiet Weekend Huge Week Ahead

Bitcoin is hovering sideways between $86K and $89K with low weekend movement as traders await bigger catalysts Next week could be very volatile as major macro and derivatives events line up that historically shake price action

Why Volatility Could Spike Soon

Bitcoins price has been under pressure near these levels dipping below $87K as liquidity thins late in the year

The market is bracing for a massive $23B options expiry later this month expiries like this often amplify swings and fuel short term volatility before a directional move

Rising Japan bond yields and global rate dynamics are pressuring risk assets with higher yields reducing cheap funding and weighing on BTC s recent rebound

Macro uncertainty and thinning liquidity into quarter end make downside moves more probable before any strong reversal

Whats Next

Expect choppiness and possible downside pressure first then watch for quick reversals once the options expiry dust settles or macro catalysts shift Proper risk management and paying close attention to key levels like $86K support and $89K resistance will be crucial as the market decides its next direction

Lets see how it unfolds next week buckle up🚀