Bitcoin $BTC just dipped below $90K to around $87K amid super thin holiday liquidity, with sell-offs lingering and rallies fizzling out fast.

The big spotlight is on this Friday's record $28.5 billion options expiry. Well, mostly B $BTC Bitcoin contracts worth $23.7B on Deribit-which could spark some serious volatility as over half the open interest unwinds. Analysts are eyeing key strikes at $85K and $100K, with leveraged longs building but also squeeze risks in both directions.#BTC