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Bitcoin price forecasts eye $110K target as $4.9T options expiry arrives
Bitcoin missed a key daily close into Friday as traders expected short-term BTC price losses. Data from Cointelegraph Markets Pro and TradingView showed that BTC/USD narrowly avoided a daily close above $117,200. This had been one of the key lines in the sand on short timeframes — a reclaim would allow price to revisit $120,000, analysis said. “Once we gain this level the way to $120K is open in my opinion,” popular trader Crypto Caesar wrote Thursday in part of an X post on the topic alongside an explanatory chart. “However: Last time we rejected this level and came all the way back to the light blue ... (full story)
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