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Bitcoin Faces Pressure as Options Market Signals Potential Drop Below $85,000

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Bitcoin news shows the price remains trapped between $85,000 and $90,000, with Bitcoin analysis pointing to growing bearish sentiment. Nick Forster of Derive highlighted a surge in put options expiring December 26, suggesting a likely drop below $85,000. Implied volatility has climbed to 45% over 30 days, with limited call options above $100,000. For Ethereum, put options cluster around $2,500, while the chance of ETH hitting $3,000 by Q1 2026 is priced at 45%.
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