A time when major contract expiries happen simultaneously, the next quadruple witching is due on 15 September. How will bitcoin react?
Four times a year what is known as the quadruple witching event takes place, and causes a surge in trading volume as traders balance their portfolios. This can be a signal for a change in bitcoin’s direction.
Quadruple Witching – something arcane?
Contrary to what the name might suggest, the Quadruple Witching has nothing to do with the occult or witchery of any description. It is a name given by traders to an event that happens four times a year when traditionally four different contracts expire at the same time.
The four derivatives contracts are those of index futures, stock futures, index options, and stock options. Given that U.S. single-stock futures haven’t traded since 2020, this is no longer counted, effectively meaning that the event has now become the Triple Witching event, yet is still known as the Quadruple Witching.
Previous Quadruple
We współpracy z: https://cryptodaily.co.uk/2023/09/quadruple-witching-event-approaching-big-bitcoin-move-incoming
