Bitcoin’s options expiry set for December 27: On December 27, a Bitcoin options expiry worth 19.8 billion USD will take place, with significant implications for BTC prices. Currently, call options reach 12 billion USD compared to 7.8 billion USD in put options, indicating bullish sentiment.
Institutional interest in Bitcoin remains HIGH: Institutional investments continue to FLOW into Bitcoin, highlighted by MicroStrategy’s acquisition of 21,550 BTC at an average price of 98,783 USD. The proposed US strategic Bitcoin reserve could further enhance institutional participation and bolster market confidence.