Bitcoin faces major stress test as $14B expiry looms

Despite Bitcoin's reputation as a free market, the upcoming $14.16 billion options expiry means the price isn't truly free-floating; it's being *pulled* towards $75,000. This "max pain" level, where option buyers lose the most, acts as a magnet because market makers actively adjust positions to benefit. Is the market truly independent, or is it being steered?
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