Bitcoin struggles to break above $95,000 despite bouncing from $87,000. $10.8 billion BTC options expiry looms, with call options dominating. Deribit leads with 78.7% market share. Complex onchain strategies utilize call options below $92,500. Bears favor options below $90,000. Covered call strategies cap potential profit. Put options at $86,000-$100,000 total $1.2 billion, indicating bearish sentiment. Math favors bearish options strategies below $90,000.

Read more at CoinTelegraph: Bitcoin Bears Hold Advantage In Friday’s $10.8B Options Expiry