Ethereum

Bitcoin

April

when

<div class="finbold">
 <p class="paragraph">With the arrival of the deadline for the cryptocurrency <a rel="noopener noreferrer nofollow" title="options" href="https://thebittimes.com/tag/options.html">options</a> exchange Deribit to settle its $15 <a rel="noopener noreferrer nofollow" title="billion" href="https://thebittimes.com/tag/billion.html">billion</a> contracts in Bitcoin (BTC) and Ethereum (ETH), Bitcoin <a rel="noopener noreferrer nofollow" title="bulls" href="https://thebittimes.com/tag/bulls.html">bulls</a> in particular have a strong reason to rejoice, as early as this weekend or next week, with a possible $80,000 waiting around the corner.</p>
 <p class="paragraph">Specifically, Bitcoin is still trading above its 2021 all-time high (ATH), with the possibility of a breakout this weekend or next week, against the backdrop of the expected expiration of $15 billion in digital assets, as the crypto analyst <em>CryptoJelleNL</em> noted in an X post on March 29.</p>
 <h2 class="wp-block-heading" id="h-bitcoin-price-prediction">Bitcoin price prediction</h2>
 <p class="paragraph">On top of that, the pseudonymous crypto trading expert has shared the BTC price prediction that sees the flagship decentralized finance (DeFi) asset hitting the target at $80,000 in “a matter of time,” as it has recently broken out of its descending broadening wedge and above its weekly support.</p>
 <div class="border border-red-300 rounded-xl p-6 not-prose mb-6">
  <h3 class="text-2xl font-black mt-0 flex gap-x-3 mb-5">
   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"><path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
    </path>
   </svg> Picks for you</h3>
  <div class="grid md:grid-cols-2 gap-x-10 gap-y-3 md:gap-y-5 divide-y divide-gray-300 md:divide-y-0">
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    How much will MARA stock be worth if Bitcoin hits $100,000? <span class="self-center text-xs text-slate-500">1 hour ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Crash incoming? Ripple to unlock 1 <a rel="noopener noreferrer nofollow" title="billion" href="https://thebittimes.com/tag/billion.html">billion</a> XRP on April 1 <span class="self-center text-xs text-slate-500">1 hour ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    3 cryptocurrencies under $1 to buy for April <span class="self-center text-xs text-slate-500">2 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Bitcoin halving dates 2024: When, why, and what to know <span class="self-center text-xs text-slate-500">2 hours ago</span>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <figure class="wp-block-image"><img decoding="async" width="800" height="500" src="https://cdn.thebittimes.com/images/2024/03/29/c32693cec2f6ae7868a58f8a0cabc50e.webp" alt="BTC price prediction and action analysis" class="wp-image-164684" srcset="https://cdn.thebittimes.com/images/2024/03/29/c32693cec2f6ae7868a58f8a0cabc50e.webp 800w, https://cdn.thebittimes.com/images/2024/03/29/c32693cec2f6ae7868a58f8a0cabc50e.webp 300w, https://cdn.thebittimes.com/images/2024/03/29/c32693cec2f6ae7868a58f8a0cabc50e.webp 768w" sizes="(max-width: 800px) 100vw, 800px">
  <figcaption class="wp-element-caption"><em>BTC price prediction and action <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a>. Source: </em><em>CryptoJelleNL</em>
  </figcaption>
 </figure>
 <p class="paragraph">Earlier, this crypto expert also highlighted that Bitcoin was breaking out of its cup &amp; handle chart pattern, a movement that typically happens after an uptrend and suggests that the market is preparing “for a new move higher,” which in Bitcoin’s case is a “target of roughly $80,000.”</p>
 <figure class="wp-block-image"><img decoding="async" width="800" height="400" src="https://cdn.thebittimes.com/images/2024/03/29/2c95730b4f9676cfcbcdacb857b0f6a1.webp" alt class="wp-image-164683" srcset="https://cdn.thebittimes.com/images/2024/03/29/2c95730b4f9676cfcbcdacb857b0f6a1.webp 800w, https://cdn.thebittimes.com/images/2024/03/29/2c95730b4f9676cfcbcdacb857b0f6a1.webp 300w, https://cdn.thebittimes.com/images/2024/03/29/2c95730b4f9676cfcbcdacb857b0f6a1.webp 768w" sizes="(max-width: 800px) 100vw, 800px">
  <figcaption class="wp-element-caption"><em>Bitcoin’s cup &amp; handle pattern. Source: </em><em>CryptoJelleNL</em>
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="h-bitcoin-price-analysis">Bitcoin price analysis</h2>
 <p class="paragraph">Meanwhile, the maiden crypto asset was at press time changing hands at a price of $70,140, recording a decline of 0.86% on the day but nonetheless increasing 9.19% across the past week, and adding up to the more significant 18.08% gain in the last month, according to the latest charts on March 29.</p>
 <figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="496" src="https://cdn.thebittimes.com/images/2024/03/29/96d2d8e71d912617a4a2e0ab332ae652.webp" alt="Bitcoin price 30-day chart" class="wp-image-164682" srcset="https://cdn.thebittimes.com/images/2024/03/29/96d2d8e71d912617a4a2e0ab332ae652.webp 750w, https://cdn.thebittimes.com/images/2024/03/29/96d2d8e71d912617a4a2e0ab332ae652.webp 300w" sizes="(max-width: 750px) 100vw, 750px">
  <figcaption class="wp-element-caption"><em>Bitcoin price 30-day chart. Source: </em><em>Finbold</em>
  </figcaption>
 </figure>
 <p class="paragraph">It is also important to mention that Bitcoin might be looking at even more impressive gains in this cycle, at least where crypto specialist <em>TradingShot </em>is concerned, deriving a BTC price prediction target at $200,o00 on the basis of the asset’s remarkable resistance and previous patterns, as Finbold reported on March 28.</p>
 <p class="paragraph">All things considered, things are looking great for the future price of Bitcoin, but the cryptoverse can sometimes be a volatile place, and making a definitive Bitcoin price prediction is a difficult task, so doing one’s own research is critical when investing.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/bitcoin-bulls-await-15-billion-options-expiry-is-80k-inevitable-tbt83914.html">https://thebittimes.com/bitcoin-bulls-await-15-billion-options-expiry-is-80k-inevitable-tbt83914.html</a></p>

Bitcoin bulls await $15 billion options expiry: Is $80K inevitable?

Table of Contents

TheBitTimes

Other articles published on Mar 29, 2024

Got $500? Buy these cryptos

Free Pepe Coin Giveaway – TodayTrader Crypto YouTube Channel Is Awarding 120M Tokens in 2024

Cardano’s Market Resilience Attracts Investor Interest

In Kiev, the N Crypto Conference 2024 will take place. They will talk about crypto, Web3, and AI

Litecoin Price Prediction: Buyers Breaks Two Years Accumulation to Chase $150

Meme Coin Charm Koala Coin (KLC) Wins Hearts in the Polkadot (DOT) and Solana (SOL) Communities

Join our free newsletter for daily crypto updates!