Bitcoin Below Key Threshold: Options Expiry Looms as Holders Face Losses Bitcoin (BTC) is currently trading below crucial cost basis levels for short-term holders, signaling potential losses for recent buyers. This comes as a significant options expiry event approaches, adding to the market’s cautious sentiment. With approximately $1.74 billion in Bitcoin options expiring today on Deribit, and a put-call ratio indicating a bearish bias, investors...