Is the BTC price ready to follow and crash the recession of S&P 500 on Friday?

With $ 249m gamma for S&P 500 (SPX), it can catalyze mass volatility that can bleed in stock and crypto market, especially with bitcoin (BTC). Here is described how BTC value can respond to the expiration of this Friday’s options. Will Bitcoin (BTC) be $ 100,000 or decrease or will bounce new aths?

OPEX Risk S&P 500: Gamma Cliff ahead

According to data Mentor cueFriday’s “Experter is massive.” S&P 500 (SPX) On 16 May, a high-dacoity test is faced, as the $ 249 million rolls in the gamma exposure (34.9%) are closed during the monthly option expiration (OPEX). Due to flowing into the game with $ 223 billion in delta hedging, the dealers can level the unwell and spark a directional move, possibly downwards.

Is the BTC price ready to follow and crash the recession of S&P 500 on Friday? — S&P 500 option matrix before Friday Opex

What is Opex?

Option expiration (OPEX) occurs monthly on the third Friday when derivatives are finished and market manufacturers reset their hedges.
During the Opex, the dealers open their gamma exposure, essentially hedging against the moves of large price, which can inspire significant instability. Since in-the-money options are used or assigned, prices are often “pin” for attacks with high open interest.

This month, S&P 500 faces a higher risk than normal due to the termination of 249 million in Gama Exposure. The risk is mainly in the form of directional moves due to deal flow stabilization. Therefore, a roll off in gamma often causes the major price support or resistance level disappearance, causing rapid breakouts or inverted landscapes.

Keeping this in mind, there are some major levels to look for the S&P500, to understand how it affects bitcoin (BTC) value and comprehensive crypto markets.

In a bull case, investors can expect S&P 500 to 5,900 and potentially the target 5,930, which is a major call open interest zone.
In contrast, the breakdown below 5,900 falls to 5,830–5,790, an area where dominates.

Due to the correlation between the stock market and the cryptos, a risk-closing spirit in S&P 500 can also affect BTC price moves.

BTC Price Analysis: Bitcoin’s Make-or-Break moment

As mentioned above, Bitcoin (BTC) value reflects the fragility of S&P500 before the end of Friday’s options. BTC today trades at $ 102,601 And is bending the recession. There are two landscapes that investors can expect for BTC.

The auction market theory suggests that approval at $ 102.8k may trigger 10%+ improvement at $ 93.1k. However, the approach is not so straightforward.
Single-print support zone, an extension of $ 99.8k to $ 100.3K, may be a good support area for spikes in demand, slowing down at least downtrend.
If this is the region, investors may expect to re-look at the BTC price at $ 109K at $ 109K.
If the speed of boom persists, BTC 161.8% can grow up to $ 118.7k to fibonacci extension level. A large -scale rapid outlook can see the recovery of 261.8% Fibonacci Extension $ 135.5K.

With that, Bitcoin value prediction Depending on how BTC reacts at $ 100K level, it remains a slowdown with a short -term low formation from $ 99k to $ 98k.

Why does it matter to American investors

Volume stems from more than 60% of American institutions out of 60% of the S&P500 options, which is a local risk phenomenon. Therefore, this is an important event for American investors to see. Spotgamma Do framework,

“The ending of Friday’s end is being lost the most, as call values track the value of puts.

Large -scale spot bitcoin ETFs effectively tie the crypto market with equities. Therefore, a stock celloff can also force liquidity in the crypto market.

Trading strategy for S&P500 and BTC traders

SPX Traders: View 5,900 as Gamma Flip Zone. A breakdown target 5,790.
Bitcoin traders: indicated in a $ 104.5K recovery; Failure on $ 102.8k indicates trouble.

conclusion

Friday’s Opex is a potential catalyst for cross-asset chaos. If S&P 500 stumbles under gamma pressure, the correlation of bitcoin may draw it below $ 100k – or worse. Traders should brace for instability and look at the American market closely for clues.

Frequently asked questions (FAQs)

A risk-closing spirit in the S&P500 can affect BTC price moves due to the relationship between the stock market and cryptos.

OPEX (option expiration) occurs monthly when derivative contracts are finished, and market manufacturers reset their hedges, potentially vital volatility.

$ 102.8k (acceptance can trigger an improvement), $ 99.8k-$ 100.3K (support area), and $ 109K (Ath).