Bitcoin (BTC) Price Eyes Breakout Above $90,000 as Key Options Expiry Approaches

Bitcoin (BTC) is consolidating near the upper boundary of its $85,000-$90,000 trading range, signaling a potential significant price movement. Market analysts are closely watching the impending expiry of a large batch of Bitcoin options, which historically acts as a catalyst for volatility. The current price action suggests building momentum for a bullish breakout. If Bitcoin can decisively close above the $90,000 resistance level, it could pave the way for a rally towards new all-time highs. Traders are monitoring derivatives data and open interest to gauge the market's next directional move. The outcome of this options expiry is seen as a critical test for Bitcoin's near-term trajectory.