Navigating Bitcoin Volatility: Strategies for SMEs and Startups in Crypto Payroll
So, you’re an SME looking to take the plunge into crypto payments? Well, as someone who’s been keeping an eye on the market, let me tell you, these Bitcoin options expirations can be a double-edged sword. With over $17.5 billion worth of options about to expire, the stakes are high. I mean, the “max pain” price is sitting at an unrealistic $107,000. Sounds fun, right? But historical patterns suggest that Bitcoin often moves towards this max pain level, and that can mean significant volatility.
September’s Historical Downturn
Historically, September has been a tough month for Bitcoin. It often sets the stage for seasonal bottoms before the more positive vibes of Q4. Combine that with the anticipation of the options expirations, and…
