About $15 billion worth of Bitcoin options are about to expire, with bulls focusing on the $100000 strike price

Approximately $15 billion worth of Bitcoin options will expire during the quarterly delivery on Friday (September 25th), with the September 25th contract accounting for over one-third of Deribit's total BTC options open. The market's bearish/bullish ratio is 0.70, with the largest bullish positions concentrated at exercise prices of $85000, $90000, and $100000. Bitcoin recently reported around $842580, down 2% during the day and above its maximum painful price of $76000. The market is concerned about whether the $85000 level poses resistance. (Source: Bitcoin Magazine)