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Max Pain. Nearly $6 billion in Bitcoin options are set to expire this Friday, March 26, 2021. The last bull momentum drove up the price expectation for April, historically a month of high returns, with many investors placing bets on $80k. However, Bitcoin was seen changing hands on Wednesday at around $56k. The max pain in the options market, a price level that would cost the most number of options to expire worthlessly, currently sits at around $40k. Will the price of Bitcoin gravitate toward $40k with one day to the expiry? Or will it change direction after Friday when the downward pressure is shaken off?