Bitcoin Price Prediction: $10 Billion Option Expiry Looming

What Happened

As the option expiry date approaches, an analyst puts this as either confirming $60K as a floor or opening the door to a deeper flush, with positioning stretched on both sides.

The PCE read arrives Thursday at 8:30 a.m. EDT. A hot print resets rate-cut timelines and compounds the selling pressure. A soft print offers the relief trade, but the options clock is ticking regardless.

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Market Context

Bitcoin price is sitting at $61,000, after the bounce was rejected at just under $63K, while its prediction is getting bearish. But that’s not the worst, a $10 billion options expiry on Deribit lands within hours of the U.S. May PCE print.

The Deribit event accounts 37% of total Bitcoin options open interest, a quarterly reset that closes out Q2 with maximum structural pressure. It’s diminishing institutional interest and economic obstacles as macro headwinds compress the bid side.

Bitcoin Price Prediction: $66,000 Post Options Expiry?

On the downside, hotter-than-expected economic data or a high-volume break below $60,000 would weaken the current structure. Consequently, we would likely focus on whether buyers can defend that level.

Here’s the uncomfortable math: even a clean bounce to $68,000 from current levels represents just 6% upside from spot. For traders watching BTC grind inside a tight range with macro risk overhead, the asymmetry on established large-caps is compressing.

The presale has raised $32 million at a current token price of $0.0136821, with staking available at a high APY during the presale window. Those are real numbers, not projections, and the raised figure suggests the market has already formed a view.

Bitcoin’s price trajectory through 2026 will influence sentiment across the entire ecosystem, including infrastructure tokens. Do the work before committing capital.

The post Bitcoin Price Prediction: $10 Billion Option Expiry Looming – Tomorrow Is The Make or Break Point appeared first on Cryptonews.

Why It Matters

Bitcoin is back just on the $61,000 line, failing to bounce after a brutal bloodbath last night. Nearby support sits at $60,000, which also acts as the key structural floor. A decisive break below that zone could accelerate downside momentum.

In a bullish scenario, softer inflation data and continued support above $60,000 could trigger a recovery toward $64,500 and potentially the $66,000 region. However, bulls must first reclaim nearby resistance levels before an upside move becomes likely.

Details

Meanwhile, resistance is clustered around $63,000 to $64,500, an area Bitcoin has struggled to reclaim on a sustained basis.

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Bitcoin Hyper Targets Early-Mover Upside as Bitcoin Tests Critical Levels

It’s not good, but it’s also the context driving rotation interest toward early-stage infrastructure plays with steeper potential curves. Because not every cycle’s best return comes from the asset everyone is already watching.

Bitcoin Hyper ($HYPER) is positioning as the first Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration, a combination that targets Bitcoin’s core bottlenecks: slow throughput, high fees, and absent programmability. The architecture claims sub-Solana latency while inheriting Bitcoin’s security layer, with a decentralized canonical bridge handling BTC transfers.

Research Bitcoin Hyper before the presale ends.