Forget Max Pain. Bitcoin Is Well Below the $72,000 Magnet Going Into $10 Billion Options Expiry

Forget max pain. Bitcoin is well below the $72,000 magnet going into $10 billion options expiry

The popular max pain theory isn’t working out as bitcoin trades far from the $72K level a day ahead of a $10 billion quarterly options settlement.

Bitcoin Tumbles As Strategy Slammed, Faces Massive $10 Billion Option Expiry

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Bitcoin Price Analysis: BTC At $60,113 Tests Critical Support Ahead Of $10.5B Options Expiry

Bitcoin trades at $60,113 as of June 26, 2026, down 2.4% over 24 hours and 3.9% on the week. Price is testing the 200-week moving average, a level that has historically marked major cycle bottoms. The 24-hour volume reads $47.3 billion against a market cap of $1.20 trillion. This analysis covers the technical structure, the derivatives setup, and the levels that define the next move. Price structure The trend is bearish across all major timefram…

Bitcoin Price Faces $10B Options Test as Bulls Defend $60K

Key Takeaways Bitcoin price faced a major derivatives test. Short covering drove the latest bounce. Whale accumulation challenged retail panic selling. Bitcoin price faced a fresh stress test after a large options expiry neared on Deribit. The move came as BTC crypto traders weighed cooling demand, bearish leverage, and weak spot follow-through. The market had already turned defensive after Bitcoin slipped below a key psychological zone. That d…

Why Friday’s $10B Options Expiry May Not Pin BTC

Quarterly Bitcoin options expiry puts ~$10B at stake, with ~80% OTM and max pain near $72K–$74K. Dealer gamma flips near $68K–$70K may blunt pinning.