Bitcoin Price Forecast as $5B IBIT Options Expiry Puts $71K Max Pain in Focus

Bitcoin (BTC) price is down by 0.77% today, August 26, to trade at $78,707 at the time of writing. The drop comes after Bitcoin was rejected at the psychological resistance of $80,000 despite rising inflows into BTC ETFs. Glassnode data now shows that $5 billion worth of options for the BlackRock iShares Bitcoin Trust (IBIT)