What was generally an up-day for Bitcoin on Wednesday only took the alpha cryptocurrency 2% higher. Thursday has dawned and the $BTC price has lost yesterday’s gains and is teetering at the edge of losing the very important $112,000 horizontal support level. Could the price drop again, or will this large structural support provide a turning point?
One of the largest weekly options expiries ever
If Bitcoin does lose the $112,000 horizontal support during the day on Thursday, a chasm could open up below. With this in mind, Friday has the potential to be a huge day. One of the largest weekly option expiries in the history of crypto will take place. It is estimated that between $18 billion to $23 billion in Bitcoin and Ethereum contracts will expire.
This upcoming expiry is likely to be 4 times the size of last week’s ‘triple witching’ event. Therefore, volatility spikes both up and down could serve to liquidate any traders courageous, or foolhardy enough to be making
We współpracy z: https://cryptodaily.co.uk/2025/09/bitcoin-btc-teeters-at-112000-will-this-key-support-level-hold
