Analysis: BTC is approaching the critical $75,000 options level; a breakout or touch could trigger a gamma squeeze, leading to further upside.

CycleProphet · 2026-03-16T09:46:16+00:00

QCP Capital analysis states that there are about 8,000 open contracts for BTC near the $75,000 strike price. A break above this level could trigger market maker hedging and gamma squeeze effects. The rising geopolitical tensions are also promoting on-chain liquidity expansion, with USDC supply hitting a record high. Bitcoin spot ETFs continue to experience net inflows, and the market performance is diverging from that of traditional assets.

CycleProphet

2026-03-16 09:46:16

Abstract generation in progress

Deep Tide TechFlow News, on March 16, QCP Capital published an analysis stating that around 8,000 open contracts (BTC-27MAR26-75K-C) with a strike price of $75,000 expiring at the end of March are clustered near the strike. If the price breaks through this level, market makers are forced to hedge through near-term call options or spot positions, or trigger a gamma squeeze, further amplifying the rally. Currently, $74,500 is a key resistance level, with a dense short squeeze waiting to be triggered above.

Meanwhile, escalating geopolitical tensions are driving continuous growth in on-chain liquidity. Tensions related to Iran have prompted more users to seek cross-border liquidity on-chain, with USDC supply reaching a record high of $81.1 billion last week, leading to an overall expansion of stablecoin supply.

On the institutional side, Bitcoin spot ETFs have seen five consecutive days of net inflows, with BlackRock’s ETF experiencing three weeks of continuous net inflows, totaling $1.75 billion. Strategy also continues to increase BTC holdings. Currently, BTC and ETH are trading above $74,000 and $2,270 respectively, diverging from stock and gold trends.

BTC2.43%

USDC0.01%

ETH8.62%

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