Bitcoin options have built a $70k call wall, with dealers running negative gamma near the 68k to 70k range, which is keeping the price pinned. This dynamic follows a $10.6B options expiry and comes amid a 307-day price range.
This item was indexed from its published source and tied to the entity records it names. The Counterparty reports what the market says and who it says it about; it does not rewrite the original report. Read the source for the full account.