Bitcoin spot price to trend towards 96k by Boxing Day 2025 due to options max pain point theory.
"We've got a big options expiry on Friday, Boxing Day. Uh and this $ 24 billion are expiring. The options markets are slightly more bullish given that we've got 2.6 times more bullish calls than puts. And also the max pain point is at 96K. So if you believe the theory that options writers try to pin price to this level, that's where you know the markets could trend to in the spot markets to try and inflict the max pain on option buyers."