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Bitcoin's $80,000 level has yet to be broken, and the reason may have been found $BTC has been fluctuating around $80,000 these past few days, and there is actually a very important reason behind it. On August 28, about $6.4 billion worth of BTC options expired, with a large number of call options concentrated near $75,000 and $80,000. The hedging actions of market makers before expiration can easily cause the price to be "pulled" around these key strike prices. #WalshInflationRisk