Bitcoin Eyes $110,000 Before Major Options Expiration

Last Friday, Bitcoin surged past $111,000, sparking jubilation across the market. This historic milestone drew significant media attention. However, volatility has returned, and prices have dipped below $110,000. The crypto asset now stands on the precipice of a critical moment. On May 31, an enormous $13.8 billion in Bitcoin options will expire. For those holding bullish positions, every increment above this key level could yield substantial gains. But the future remains uncertain. The market is witnessing a strategic duel between bulls and bears with each camp looking to capitalize on the impending expiration.