The popular max pain theory isn’t working out as bitcoin trades far from the $72K level a day ahead of a $10 billion quarterly options settlement.

Over $10.6 billion in Bitcoin options expire June 26 with 80% of positions out-of-the-money, raising concerns about selling pressure and short-term

The popular max pain theory isn’t working out as bitcoin trades far from the $72K level a day ahead of a $10 billion quarterly options settlement.