Bitcoin Faces Short-Term Volatility as Options Expiry Nears and ETF Demand Grows
Bitcoin (BTC) is expected to experience short-term price volatility as options are set to expire by the end of the week. Analysts have noted that the Market Value to Realized Value (MVRV) metric reveals Bitcoin is approaching a critical resistance level. Should this resistance be broken, BTC could see a strong price uptrend. A breakout past the 155-day moving average (MA) could potentially trigger a rally similar to the one seen last October.