HERE’S WHY BITCOIN IS STUCK 🚨
BTC
66,396.31
-0.54%
keeps bouncing between $65K–$75K. Why? It’s not traders—it’s options expiry mechanics.
BTC is sitting just under the $74K max pain level on Deribit.
Above $74K → market makers lose reason to pin; price can move freely.
Below $74K → bulls fail, bears control, rallies get rejected.
💥 $14B in Bitcoin options expire today → explains why every move higher fails and $65K keeps holding support.
Once expiry passes, the pinning pressure disappears. Price is finally free to move… not because anyone changed their mind, but because the forces keeping it trapped vanish.