For Christmas dinner tomorrow, I’m cooking a 10lb mumu bull prime rib roast. All bear bros are invited as the Bitcoin price is tanking deep into the red.
WHERE’S THE CHRISTMAS MIRACLE??! Maybe the real Christmas miracle was the friends we made along the way.
The silver lining for Christmas and the
Bitcoin
1.69%
Bitcoin
BTC
Price
$65,656.76
1.69% /24h
Volume in 24h
$23.65B
Price 7d
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year-end price is that it’s coming down to derivatives math, not sentiment. Roughly $30.3Bn in BTC options are expiring, with the 8:00 am UTC Friday.
Most call options are struck far above spot, with large clusters up near $100k and even $200k now staring at near-certain expiry losses. Meanwhile, a new Bitcoin based presale is making waves for Christmas. Here’s what to know:
What’s Next For The Bitcoin Price? (2026 Prediction)
Bearish Bitcoin options, by contrast, are concentrated between $75k and $86k, which explains why BTC has spent most of December glued to the $85k–$90k range. Dealer hedging has enforced that band mechanically.
DISCOVER: 20+ Next Crypto to Explode in 2025
The key pivot remains $94k. As long as Bitcoin stays below it, bears retain leverage. The key is that if BTC holds above roughly $88k into expiry, more than half of the $7.7Bn in put options on Deribit expire worthless, flipping pressure back toward the upside.
$BTC Well…well…well…
$23.6 BILLION #Bitcoin options to expire next Friday:
~ Calls are clustered at $100,000 and $120,000
~ Puts are concentrated around $85,000
~ Max Pain is $96,000 👈🏻One of the biggest Bitcoin options expiry events of all time… pic.twitter.com/z0njpgTC1C
— Mavryk (@realMavryk) December 21, 2025
With nearly $27Bn in open interest still showing a call-heavy skew. Options mechanics favor resolution toward the upper end of the range once expiry clears.
In plain terms, sub-$90k into settlement hurts bulls badly. But after expiry, the path of least resistance points higher.
DISCOVER: Top 20 Crypto to Buy in 2025
Next 100x Crypto to Buy? New Meme Coin Bitcoin Hyper Could Be the Next Big Scaling Solution
As demand builds for Bitcoin, stablecoins and blue-chip crypto assets, Layer 2 crypto solutions are moving from theory to necessity. Bitcoin Hyper is one of the early contenders, pairing Bitcoin security with SVM speed, and that narrative just turned tangible after whales quietly deployed about $200,000 into the project.
Bitcoin Hyper is a Bitcoin Layer 2 built on the Solana Virtual Machine that promises fast and cheap execution without compromising BTC security.
By opening Bitcoin to DeFi, gaming, and tokenized real-world assets, HYPER broadens the use cases and reduces the circulating supply, two factors that can favor the price.
Bitcoin Hyper is closing in on $30 Mn raised, with less than a day to go before its $0.013475 token round ends. The hybrid promise of Bitcoin’s security and Solana-style performance is driving late momentum, and the whales have taken notice.
While ETH and SOL slide, Bitcoin Hyper’s presale continues to climb and could be a rare outlier in the market… that is, if meme coins and presales make a comeback!
Visit Bitcoin HyperEXPLORE: Seeking a Career Change? Become a Bitcoin Bounty Hunter in Fordow, Iran
Key Takeaways
- The Bitcoin price has spent most of December glued to the $85k–$90k range but that might soon change
- In plain terms, sub-$90k into settlement hurts bulls badly.
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