December 1, 2025

120K

Bitcoin Monthly Options Expiry Could Be First Step To $120K

admin03 mins

Key takeaways: Bitcoin’s $4.3 billion options expiry favors neutral-to-bullish bets, with a $175 million edge if prices stay above $113,000. Macroeconomic uncertainty, including weak US employment data and AI sector doubts, could determine Bitcoin’s short-term trajectory. Bitcoin (BTC) surged past $114,000 mark on Thursday after a positive earnings report from Oracle Corporation (ORCL), a major…

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BTC Primed For $120K Breakout After Cooling Phase Ends

admin03 mins

Key takeaways: Bitcoin lost the $113,000 level as leverage use cooled and speculative bets, creating room for upside volatility. A breakout above would $113,650 confirm an inverse head-and-shoulders pattern, potentially driving BTC toward $120,000. Bitcoin’s (BTC) recent prolonged consolidation under $113,000 has forced traders to scale back risk, but this cautious stance could be setting…

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