BTCUSD Bitcoin Price Rises Steadily—But Can the Rally Hold This Time??
Highest standards in reporting and publishing Strict editorial policy focuses on accuracy, relevance, and impartiality. A close above the $86,500 resistance might send the price further higher. The price is now consolidating gains and might attempt to clear the $85,850 resistance.
BTCUSD BTC Volatility Forecast: Is 'Max Pain' the Key to Price Movements? No Valuable Data - No Edge! Disagree?
Hello everyone. I put on the chart the range of expected volatility for the current option series (series expiration date is March 25).
Moreover, judging by the option flow - it trades positively and grows up to 100,000 in terms of May this year.
Now a bit negative - the price came to the MAX PAIN - in other words, the level of balance between puts and calls strikes for current series. The widely accepted concept is that this level holds prices until the option series expires.
Do you think this level has a gravitational effect, aka a “magnet”?
We have tested this concept and will publish our study soon. Stay tuned!