Bitcoin’s $78,000 Options Level Does Not Establish Spot Support

Your call?🐂 Bullish🐻 Bearish

$11.1B

Oct. 30 options open interest

$BTC

$80,880

-1.1%

$BNB

$739.12

+0.1%

The Oct. 30 expiry represented $11.1 billion, or 34.6% of Deribit’s Bitcoin options open interest, while Binance’s largest recorded bid block was near $80,000.