🚨 Bitcoin broke $66,000: What is happening?

Bitcoin ($BTC) is currently trading around $65,600. The main reason for such sharp volatility is the events on the Deribit exchange.

​Key facts:

​Today marks the deadline for closing record deals (options) worth $14 billion.

​Major players are massively taking profits, and this wave of selling has temporarily pressured the price.

​The market is now looking for a new support point. If the selling pressure subsides, after such a breather, the weekend could start with good growth 📈 .

​What do you think: is this a chance to buy cheaper or will the market go even lower? 👇

​#BTC #Deribit #Write2Earn

BTC

67,564.73

+1.48%