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Is tomorrow the day of the quadruple witching? I've been paying attention to Bitcoin's price movements lately, and I hear that markets tend to get pretty volatile when this event occurs.
Quadruple witching refers to the day when futures and options contracts all expire simultaneously, which often leads to a surge in volatility because large institutional investors adjust their big positions all at once. Bitcoin is no exception, and during these times, short-term traders might see opportunities or face risks.
Market analysis outlets like CoinDesk also seem to be watching closely for the impact of quadruple witching. It'll be interesting to see how the price moves tomorrow. It might be best to prepare for increased volatility.