Bitcoin Price Prediction: 24,912 Calls Against 8,223 Puts, What Friday's Expiry Decides
On Friday, Bitcoin options worth about $2.65 billion expire at Deribit, with three times as many calls as puts. The price sits just above max pain. Which levels count now and what range the options market is pricing in.

Which topics should we dive deeper into?
Select what genuinely interests you. Your picks feed directly into our editorial planning.
Crypto news that's actually worth your time.
Weekly. 60 seconds. Carefully curated by our editors: no hype, no promo flood, no spam.
The Bitcoin price prediction for the coming days hinges on a fixed date: on Friday, November 6, 2026, options on 33,135 BTC, worth about $2.65 billion, expire at 08:00 UTC at Deribit. Open are 24,912 calls and only 8,223 puts. On Wednesday evening Bitcoin cost $80,032 according to CoinGecko, just above max pain at $79,000.
Bitcoin price prediction: key points
- Expiry: Friday, 08:00 UTC, about $2.65 billion.
- Ratio: three times as many calls as puts, put-call ratio 0.33.
- Levels above: $81,911, $82,000 and $85,000.
- Levels below: $79,000, $75,000 and $73,163.
- Priced-in range: about $75,800 to $84,200 over seven days.
Bitcoin price prediction: what has changed since election night
On midterm election night everything revolved around the low. The 24-hour low stood at $75,695, the high at $81,004. Bitcoin has recovered more than $4,300 but did not reclaim the 50-day average at $81,911. Over 30 days the coin is still down 6.6 percent. So the question is no longer whether the low holds, but whether the price clears the next hurdle.

Compare regulated crypto exchangesBitcoin options expiry: what max pain and the call blocks mean
Max pain is the price at which most options expire worthless. For Friday it sits at $79,000, only 1.3 percent below Wednesday's price. That is not a forecast. It shows where option sellers pay out the least. Before big dates the price sometimes drifts near it, but often enough it does not.
The blocks are more interesting. Most calls sit at $82,000 and $85,000, most puts at $74,000 and $75,000. If the price moves toward $82,000, traders who sold those calls often have to buy Bitcoin to hedge, which can amplify a move. The same applies in reverse on the way down.

Looking beyond Friday shows the longer bet. For November 27, 37,116 calls face 24,762 puts, with the largest call blocks at $90,000 and $100,000 and the largest put blocks at $58,000 and $75,000. November 13 is the only one of the three dates with more puts than calls. If you want to trade the move yourself, use regulated crypto exchanges.
Bitcoin forecast: the range the options market is pricing in
Deribit's volatility index, DVOL, stood at 38 on Wednesday evening. Converted to seven days, that implies an expected move of about 5.3 percent in either direction, roughly $75,800 to $84,200. This calculation describes what the market prices in, not what will happen.
Compare crypto brokersBitcoin price prediction: three scenarios until the weekend
| Scenario | Trigger | Next level |
|---|---|---|
| Breakout | Daily close above $81,911 and $82,000 | $85,000 |
| Sideways | Price stays between $79,000 and $82,000 | Friday's expiry sets the direction |
| Pullback | Daily close below $79,000 | $75,000, below that $73,163 |
The 200-day average at $73,163 sits 8.6 percent below the price and remains the line between a pullback and a broken trend. The one-year high of daily closes at $105,951 is 24 percent away. Our Bitcoin price prediction page covers longer horizons. If you prefer not to self-custody, compare suitable crypto brokers.
As of Wednesday evening, November 4, 2026. This article is not investment advice.
FAQ: Bitcoin price prediction
Transparency note: This article was produced with the assistance of artificial intelligence and reviewed by our editorial team before publication. All figures and claims were checked against the primary sources linked in the text. The feature image was generated with AI.
More on Bitcoin: All Bitcoin news at a glance
Related articles
- Bitcoin Price Prediction: BTC Sits on the $75,700 Cost Basis of Recent Buyers
- Bitcoin price prediction: $430 million outflow pushes the 2026 ETF balance below zero
- XRP Price Prediction: Down 7 Percent Against Bitcoin, Why the Ratio Says More Than the Price
- Cardano Price Prediction: Down 26.5 Percent in 30 Days, the Levels ADA Must Hold Now
- Ethereum Price Prediction: 77,441 Puts for November 13, Then the Options Market Flips
Which topics should we dive deeper into?
Select what genuinely interests you. Your picks feed directly into our editorial planning.
Crypto news that's actually worth your time.
Weekly. 60 seconds. Carefully curated by our editors: no hype, no promo flood, no spam.
November 4, 2026 11:18 AM

Bitcoin price prediction: DVOL drops to 37 after the election, will the 100-day line hold?
Analysis: after the US election night, the DVOL volatility index has fallen from 40.89 to 37.03 points. What the options market expects for the 100-day line at $76,663 ahead of Friday's $2.46 billion expiry.
November 2, 2026 9:36 PM

Bitcoin price prediction: $295 above the 100-day line, the level that decides
Analysis: the daily low was $295 above the 100-day line at $76,035. Four trading days before the US midterm elections and with an 82.6 percent rate expectation for December, this gap will decide the coming weeks.
November 2, 2026 5:37 PM

Bitcoin miners earn 14.2 percent less per exahash as difficulty hits a record
Analysis: Since September 19, the Bitcoin network has demanded 11.8 percent more computing work per block, while the price has fallen over the same period. What this gap means for the coming weeks, and which level below the price actually holds.
November 1, 2026 12:10 PM

Bitcoin in November: What Ten Years of Monthly Returns Show After the Weakest October
Bitcoin ended October 2026 down 7.3%, its weakest October since 2016. We analysed ten years of monthly returns and show what they say about November and which dates will move the price now.
October 31, 2026 9:46 AM

Bitcoin Price Crash Continues: BTC Slips Below $78,000, Here Is the Next Target
Bitcoin price crashes below the key $78,000 area as selling pressure builds. We analyze the chart and reveal the next short-term target for BTC.
October 30, 2026 12:26 PM

Ethereum price prediction: 68,199 puts in the money before the 9 a.m. expiry
Analysis: at 9 a.m. Frankfurt time the derivatives exchange Deribit settles 333,649 Ethereum options, a fifth of total open interest. 68,199 puts stand in the money against 8,611 calls, and the price sits $157 below the point at which the exchange pays out the least on paper.
October 30, 2026 8:02 AM

Bitcoin Price After Binance Hack: Only 2% Down. What Comes Next?
Bitcoin fell only 2% after the biggest crypto hack ever drained $2.8 billion from Binance. Here are the higher and lower Bitcoin price targets now.
October 29, 2026 4:06 PM

11 billion dollars expire on Friday: is a Bitcoin setback coming?
Analysis: 135,159 Bitcoin options run out on the derivatives exchange Deribit on Friday morning, together worth roughly 11 billion dollars. The calculated pain point sits at $78,000 and therefore 3.9 percent below the current price. What the expiry does, what it does not do, and which levels count.
October 27, 2026 3:39 PM

Bitcoin price prediction: a 6 percent range in Fed week, what you can do now
Analysis: Bitcoin stands at $80,302 at Tuesday midday, and the range of the past 30 days has fallen to 10.2 percent, the tightest reading since mid-August. What the three comparable phases since November 2024 say about the next trading days, and which levels frame the corridor.
October 27, 2026 6:26 AM

Bitcoin at $79,568: which levels count before Friday's options expiry
Analysis: 135,545 bitcoin options expire on Deribit on Friday morning, worth roughly $10.8 billion. The price stands at $79,568 on Tuesday morning, with the computed centre of gravity of the expiry below that.
October 26, 2026 7:36 AM

Bitcoin Price Crash: Top 3 Reasons Why BTC Price Dropped Below $80,000
Bitcoin price crashed below $80,000 over the weekend. Oil, ETF outflows and a wave of liquidations explain the move, and the Fed decides this week.
October 24, 2026 3:28 PM

Bitcoin Price Prediction: Fed on Wednesday, $11.1 Billion Expiry on Friday, Which Date Moves the Price?
Analysis: the Fed decides on October 28, and two days later more than $11.1 billion in bitcoin options expire. The market has moved the rate rise to December, and that shifts the levels for this week.
October 23, 2026 7:19 PM

Ethereum price prediction: 322,586 ETH expire on October 30, what investors need to know
Analysis: on October 30, 322,586 ETH options expire on the derivatives exchange Deribit, 21.1 percent of total open interest and around $777 million at $2,407.76. What the date means for the levels between $2,300 and $2,600, for leveraged positions and for the German one-year deadline.
October 22, 2026 1:16 PM

Bitcoin price prediction: 132,411 Bitcoin hinge on the December 25 expiry: is $100,000 still within reach?
Analysis: the largest Bitcoin options of the year expire on December 25. The book shows where the market has put its money, and where it has not.
October 21, 2026 4:15 PM

Bitcoin price prediction: mining difficulty up 6.44 percent on October 29, next target at $83,691
Analysis: the computation on the Bitcoin network gets 6.44 percent harder on October 29, after 5.92 percent on October 16. What the two jumps mean for miners' costs, for the October 30 expiry and for the levels at $81,574 and $83,691.
October 20, 2026 4:20 PM

Bitcoin price prediction: the options market prices in 38.3 percent volatility, the price delivers 20.2
The options market is paying an annualised 38.3 percent of volatility on Bitcoin, while the price has recently delivered 20.2 percent. What that gap means for the range into mid-November, for leveraged positions and for the October 30 expiry.
October 20, 2026 7:29 AM

Bitcoin price at $81,993 and a third narrow daily range in a row: will the $81,481 level hold?
Bitcoin stands at $81,993 on Tuesday morning, wedged between the 50-day line at $81,481 and the 20-day line at $83,242. Three daily ranges in a row came in below the 90-day median, and 3,624 Bitcoin in options expire at 8am UTC.
October 17, 2026 4:17 PM

Bitcoin price prediction: $12.2 billion in options expire on October 30, and what you can do now
On October 30, 149,686 Bitcoin contracts with a notional value of $12.2 billion expire on the Deribit options exchange, two thirds of them calls. With the largest bets at $95,000 and $100,000 but the market pricing only a 6 percent move, the day that decides is not the expiry but the $79,000 level.
October 16, 2026 10:33 AM

Mining difficulty jumps almost 6 percent today: why Bitcoin miners have no cushion this time
Bitcoin network mining difficulty rises by almost 6 percent on Friday afternoon, the steepest step up since June. Because transaction fees carry only 0.65 percent of mining revenue, the cost jump hits miners without any cushion at all.
October 15, 2026 4:21 PM

Bitcoin price prediction: 18,029 contracts expire Friday, and the level that decides is $80,000
On Friday 18,029 Bitcoin options run out on Deribit, the calculated max pain sits at $83,000 and therefore $2,229 above the price. The spread of open contracts shows why the $80,000 level matters more on this expiry day than the $83,000 figure.
October 12, 2026 10:19 AM

Ethereum price prediction: the price turned higher at $2,495.93, and two dates decide this week
Ether's daily low came in at $2,495.93, so the level held by 93 cents. Two fixed dates shape the week: the US price index on Wednesday and the options expiry on Friday.
October 10, 2026 7:30 PM

Bitcoin Price Prediction: 140,844 BTC Expire on October 30, and What Matters Now at $80,000
On October 30, 140,844 Bitcoin contracts worth $11.69 billion run out, and two thirds of them are bets on higher prices. At both expiry dates the largest hedge sits at $80,000.
October 9, 2026 4:16 PM

Bitcoin Price Prediction: Standard Chartered Sticks to $100,000 as ETFs Shed $729 Million in Two Days
Standard Chartered is holding to $100,000 by year-end, yet US spot ETFs lost $729 million on Wednesday and Thursday. Bitcoin stands at around $83,100. What would have to happen by December, and which levels count now.
October 4, 2026 1:40 PM

Uptober put to the numbers: Bitcoin rose in six of eight Octobers, but not the last one
October has a reputation among crypto investors as a strong month, and for Bitcoin that is mostly true: six of eight Octobers since 2018 ended in the black. October 2025, however, brought the largest liquidation day in history. What the record shows and which levels count now.
September 11, 2026 8:32 AM

Bitcoin Price Drops 4% in a Week, and the Chart Just Got Interesting
Bitcoin price fell 4% this week and lost the $78,000 shelf. Here is what the chart says about the next support, resistance and price targets.
More from CryptoTicker

