Bitcoin faces $23.7B options expiry on 26 December as traders eye sharp year-end swings

Bitcoin has traded in a tight $85k–$92k band throughout December, with a record $23.7 billion options expiry scheduled for Friday, 26 December. Analysts expect 5%–7% year-end price swings, with scenarios that include a dip toward $82k–$84k before a potential move toward the $95k max pain level.