$20B Bitcoin options expiration expected to benefit bullish investors as price recovers

From Cointelegraph

June 25, 2025 3:20:00 PM:

Bitcoin traders are awaiting the $20 billion monthly options expiry on June 27 as price recovers. Open interest for call options is $11.2 billion, compared to $8.8 billion for put options. Some attribute Bitcoin’s strength to a dovish tone from US Fed Chair Powell. S&P 500 index climbs to 4-month high.

Bitcoin bulls see stock market gains as a signal for investors to pivot towards riskier assets. Analysts project 5% S&P 500 revenue growth for 2025. Declining yields on fixed income could boost Bitcoin’s momentum. Effective bearish scenario requires heightened uncertainty. Options expiry may impact BTC price dynamics.

Five probable scenarios based on current price trends estimate profits based on open interest imbalances. Bears need to push BTC below $101,500 by June 27, while bulls aim to keep it above $106,000 for a potential July rally. ETF inflows could further support Bitcoin’s price.

Read more at Cointelegraph: $20B Bitcoin Options Expiry Set To Benefit BTC Bulls