Bitcoin Tests $112K Breakout Level as $15.9B in Options Expire October 31

Bitcoin fell to $106,000 on October 30 before stabilizing ahead of a major derivatives event. On October 31, $15.9 billion in options contracts—$13.4 billion in Bitcoin and $2.5 billion in Ethereum—are set to expire, with BTC's max pain level at $114,000. Analyst Michaël van de Poppe identifies $112,000 as the critical breakout threshold for a potential new all-time high in November.