# Bitcoin bulls risk losing $365 million upon Friday’s BTC options expiry
“# Bitcoin bulls risk losing $365 million upon Friday’s BTC options expiry ” Bitcoin’s (BTC) price action hasn’t been bullish despite the $69,000 all-time high on Nov. 10. Some argue that that descending channel formed 40 days ago is the dominant trend, and $56,000 marks its current resistance. BTC/USD price on FTX. Source: TradingView Such…