IBIT: $5B Options Expire on September 18

IBIT options totaling $5 billion expire September 18, skewed toward $3B calls versus $2B puts, pinning max pain at $40 for an implied BTC price near $71k.

Bitcoin options expiration impact and BTC price prediction models now factor in the current $78918.87 print sitting above EMA50 support at $74262.49 yet pressured by the MACD death cross, with price action inside the Bollinger bands eyeing $80448.45 resistance while crypto market volatility remains elevated.