$4.3 billion Bitcoin options expiration could pave way for BTC to reach $120,000

Bitcoin’s short-term price action depends on a $4.3 billion options expiry. Bullish sentiment exists if the price stays above $113,000; currently, BTC is at approximately $114,347.

Macroeconomic elements, such as labor statistics and AI growth concerns, could introduce volatility affecting Bitcoin’s trajectory. A steady value of around $112,000 may enhance favorable conditions for a bullish trend.

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