Bitcoin price faces midweek squeeze that will decide whether $60,000 holds

price

US May PCE inflation data due Thu 08:30 EDT and a >$10 billion Deribit quarterly options expiry at 08:00 UTC Fri create a concentrated volatility window for Bitcoin. Trading near $62,500 after June weakness, this macro print plus heavy options flow raises the risk of delta-driven squeezes and liquidations that will determine whether the $60,000 support holds.

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https://cryptoslate.com/bitcoins-pce-reaction-could-collide-with-a-quarterly-options-expiry-hours-later/

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