Bitcoin eCash

Today, everything changes. A week ago, BTC was mechanically trapped between $85K-$88k by options positioning. That pressure is now gone. The sentiment didn’t change, but structure did. A large portion of December gamma expired not long ago, and the dealers who were forced to suppress volatility are no longer defending those levels. Above ~$88K, they were short calls and hedging by selling spot and that’s what capped every rally. Below ~$85K, they were long puts and hedging by buying spot and they literally bought every dip. That’s why price kept snapping back to the middle. Once that gamma rolled off, the forced hedging STOPPED. No more artificial bids, no more forced supply at $88k and no more range. When a market has been compressed like that, it doesn’t drift once the pin is removed, it reprices. Bitcoin might finally be trading on real order flow again instead of dealer mechanics. This is exactly how suppressed volatility resolves. Btw, I’m the only one on X who called the exact Bitcoin bottom at $16k three years ago and the exact top at $126k in October. If you missed it, don’t worry. I’ll do it again because I want to help people. If you still haven’t followed me, you’ll regret it. The choice is yours.