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Tomorrow is Friday and the quadruple witching event is happening – the perfect time to keep an eye on the markets. Bitcoin could be shaken up significantly tomorrow as options expire and positions are closed out.
Such days usually bring increased volatility. Many traders reposition themselves in advance to profit from the movements or to hedge their positions. Tomorrow is Friday – a classic day for larger market moves.
Those who are not yet positioned should probably be a bit more cautious. The next 24 hours could get wild.