{"id":18767,"date":"2026-03-28T19:28:36","date_gmt":"2026-03-28T19:28:36","guid":{"rendered":"https:\/\/cryptoted.net\/index.php\/2026\/03\/28\/bitcoin-hits-three-week-low-as-14b-options-expiry-shakes-bulls\/"},"modified":"2026-03-28T19:28:36","modified_gmt":"2026-03-28T19:28:36","slug":"bitcoin-hits-three-week-low-as-14b-options-expiry-shakes-bulls","status":"publish","type":"post","link":"https:\/\/cryptoted.net\/index.php\/2026\/03\/28\/bitcoin-hits-three-week-low-as-14b-options-expiry-shakes-bulls\/","title":{"rendered":"Bitcoin hits three-week low as $14B options expiry shakes bulls"},"content":{"rendered":"<p> <br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/media.crypto.news\/2026\/02\/1.5B-liquidated-as-Bitcoin-drops-13-and-market-liquidity.webp\" \/><\/p>\n<div>\n<p><strong>Bitcoin (<a href=\"https:\/\/crypto.news\/price\/bitcoin\/\">BTC<\/a>) extended its decline on Friday as traders reacted to the year\u2019s largest options expiry and continued caution in crypto ETF flows.\u00a0<\/strong><\/p>\n<div id=\"cn-block-summary-block_ceb299191ceb4c6aac07b07996bc5660\" class=\"cn-block-summary\">\n<p>\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/p>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Bitcoin fell below $66,000 after $14 billion in options expired and ETF outflows persisted Friday.<\/li>\n<li>Whale and retail wallets added Bitcoin in March even as price dropped and sentiment weakened.<\/li>\n<li>Analyst XO said a drop toward $55,000 to $60,000 could set up longs in April.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Consequently, the drop pushed the asset to its lowest level in more than three weeks, even as some market signals pointed to rising accumulation and possible oversold conditions.<\/p>\n<p>Bitcoin fell to as low as $65,500 on Friday, its weakest level since March 2. At the time of writing, BTC <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" target=\"_blank\" rel=\"nofollow\">traded near<\/a> $66,300, down 2% over 24 hours and 6% over the past week (per CoinGecko\u2019s data).<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Meanwhile, the move came as roughly $14 billion in Bitcoin options expired, based on open interest. That expiry added pressure to an already cautious market and pushed traders toward a more defensive stance during the session.<\/p>\n<p>ETF activity also remained in focus as investors continued pulling funds from spot Bitcoin products. Data showed that investors withdrew $171 million from spot ETFs on Thursday, adding to short-term pressure on price action.<\/p>\n<p>Still, the broader monthly picture looked more balanced. March recorded about $1.4 billion in net inflows into Bitcoin ETFs after four straight months of net outflows, showing that demand had not fully disappeared despite the latest setback.<\/p>\n<p>While price remained under pressure, on-chain data <a href=\"https:\/\/crypto.news\/bitcoin-whales-add-61568-btc-as-price-slips-again\/\" target=\"_blank\">pointed to continued buying<\/a> from large holders and smaller wallets. According to Santiment, wallets holding between 10 and 10,000 BTC added 61,568 BTC over the past month, a 0.45% increase.<\/p>\n<p>Smaller holders also showed similar behavior. Wallets with less than 0.01 BTC increased their balances by 0.42% over the same period, nearly matching the pace seen among whales and sharks.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Analysts watch for oversold bounce<\/strong><\/h2>\n<p>Market watchers also pointed to oversold signals as <a href=\"https:\/\/crypto.news\/bitcoin-and-ethereum-drop-as-iran-raises-hormuz-war-risk\/\" target=\"_blank\">Bitcoin<\/a> traded well below its October 2025 all-time high above $126,000. Current pricing left BTC down 47.42% from that peak, while its market capitalization stood near $1.33 trillion.<\/p>\n<p>Crypto analyst XO <a href=\"https:\/\/x.com\/Trader_XO\/status\/2037836449144332360?s=20\" target=\"_blank\" rel=\"nofollow\">said<\/a> March could mark only the second time Bitcoin posts six straight losing months if the month closes in the red. He wrote,\u00a0<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cIf April sees an early sweep into the $55\u201360K range, it could create a compelling setup for mean-reversion longs.\u201d\u00a0<\/p>\n<\/blockquote>\n<p>He also said that the higher timeframe trend would stay in control unless a clear structural shift appears.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<div class=\"cn-block-disclaimer\">\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/crypto.news\/bitcoin-hits-three-week-low-as-14b-options-expiry-shakes-bulls\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC) extended its decline on Friday as traders reacted to the year\u2019s largest options expiry and continued caution in crypto ETF flows.\u00a0 Summary Bitcoin fell below $66,000 after $14 billion in options expired and ETF outflows persisted Friday. Whale and retail wallets added Bitcoin in March even as price dropped and sentiment weakened. Analyst [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[23],"tags":[],"kronos_expire_date":[],"class_list":["post-18767","post","type-post","status-publish","format-standard","hentry","category-crypto"],"_links":{"self":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts\/18767","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/comments?post=18767"}],"version-history":[{"count":0,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/posts\/18767\/revisions"}],"wp:attachment":[{"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/media?parent=18767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/categories?post=18767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/tags?post=18767"},{"taxonomy":"kronos_expire_date","embeddable":true,"href":"https:\/\/cryptoted.net\/index.php\/wp-json\/wp\/v2\/kronos_expire_date?post=18767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}