The New Decline For Bitcoin May Be At The Door Today Now, on March 3, 2020, 11,500 Bitcoin options contracts, worth approximately $ 8 million, will expire, which can seriously affect the BTC price in the spot market. Bitcoin options and futures contracts are commonly known as institutional investors’ investment tools. This means that with the expiration of a large amount of options contracts, institutional investors can purchase new option contracts with either a bullish or bearish focus. If large amounts of downward-oriented options contracts are purchased, the BTC price may experience a sharp decline, just like March 27. In addition, it is estimated that the price may decrease due to loss of interest even if new option contracts are processed much lower than the value of expired contracts.
