Bitcoin faces $16 billion options expiry Friday, then two more tests hit the rally

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Bitcoin faces roughly $16 billion in options expiries on Friday, creating potential short-term volatility as traders’ hedging activity influences price movements. The rally will then confront two additional tests: post-expiry repositioning and resistance near key technical levels. A failure to hold current support could trigger profit-taking and deepen a pullback, while sustained demand would reinforce bullish momentum.

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