UPDATE +GIFT 🌟 💫 🎁 🎁 🎁 🎁 🧧
DECEMBER 26: THE TURNING POINT
You already know, but Bitcoin has been stuck between $85k-$90k for weeks.
This range has nothing to do with buyers or sellers changing their mind.
It’s options mechanics doing the work.
But that changes in 48 HOURS.
Here is why:
This market is being dictated by GAMMA.
Here’s the setup.
Around 85K sits the largest block of put exposure on the board, right at max gamma.
As spot drifts lower, dealer hedging kicks in, forcing spot buying that absorbs sell pressure and keeps price from accelerating lower.
Every dip stalls because hedging absorbs it, that’s not organic demand at all.
Above price, near 90K, the same mechanics work against the bulls.
Near 90K, call exposure forces dealers to sell as price climbs, which mechanically slows any push higher.
But in 48 hours… EVERYTHING CHANGES.
This pressure will be completely GONE.
This structure isn’t permanent.
A major options expiry ($23 BILLION) lands on December 26, and it removes nearly half of the total gamma in ONE EVENT.
When that pressure comes off, the range stops working.
No more forced buying below, no more forced selling above.
Price stops reacting to hedging flows and starts reacting to real buying and selling again.
Where price goes next comes down to one thing: where spot is trading when that hedging pressure finally disappears.
And without knowing the gamma map, you’re always late to the move.
Btw, I’ve been studying macro since 2003, and I’ve been in Bitcoin since 2013. I called the last 2 major market tops and bottoms.
When the next bottom is in and I start buying BTC again, I’ll say it here publicly so you can copy my moves.
If you still haven’t followed me, you’ll regret it.
$POWER
{future}(POWERUSDT)
$BEAT
{future}(BEATUSDT)
$RAVE
{alpha}(560x97693439ea2f0ecdeb9135881e49f354656a911c)