{"id":24627,"date":"2026-03-28T11:51:20","date_gmt":"2026-03-28T11:51:20","guid":{"rendered":"https:\/\/bitunikey.com\/news\/bitcoin-hits-three-week-low-as-14b-options-expiry-shakes-bulls\/"},"modified":"2026-03-28T11:51:39","modified_gmt":"2026-03-28T11:51:39","slug":"bitcoin-hits-three-week-low-as-14b-options-expiry-shakes-bulls","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/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><\/p>\n<div class=\"post-detail__content blocks\">\n<p><strong>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<\/strong><\/p>\n<div id=\"cn-block-summary-block_ceb299191ceb4c6aac07b07996bc5660\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\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 rel=\"nofollow\" target=\"_blank\" 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<h1 class=\"wp-block-heading\"><strong>ETF outflows add to market pressure<\/strong><\/h1>\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 pointed to continued buying 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 Bitcoin 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 rel=\"nofollow\" target=\"_blank\" 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<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\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","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&hellip;<\/p>\n","protected":false},"author":1,"featured_media":21224,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-24627","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/24627","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=24627"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/24627\/revisions"}],"predecessor-version":[{"id":24628,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/24627\/revisions\/24628"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/21224"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=24627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=24627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=24627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}