James Van Straten
James Van Straten|Dec 21, 2025 10:25
Bitcoin held $85k like a champ, amid all the macro doom events. The bottom was exactly 30 days ago. My base case is a few more days of chop until options expiry. BTC then pushes toward $92k–$98k shortly after. Helped by a Santa rally, and possible max pain drift. A gamma squeeze as well with a directional breakout as market makers hedge/expire positions, rebalance flows. A breakout above 92k would enter negative gamma territory. That’s how I’m positioning myself.(James Van Straten)
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