Buying Bitcoin in anticipation of growth after options expire

Bitcoin prices are now flying around $88,500, attempting to recover from the $86,000 support level. The crypto market has seen better days, currently suffering from large capital outflows. Traders are fleeing from risky assets for safe havens like silver and gold. Such a dynamic is triggered by escalating geopolitical tensions, which typically push investors toward more stable instruments.

Despite significant outflows from US Bitcoin ETFs and a $2.24 billion reduction in stablecoin market capitalization over the past ten days, fundamentals are still hinting that accumulation is occurring. Large wallets holding over 1,000 BTC have recently added 104,340 tokens, bringing their aggregate balance to 7.17 million—the highest level since September 2025. Institutional sentiment provides further evidence: 71% of those surveyed by Coinbase consider Bitcoin undervalued in the $85,000–$95,000 range.

From a technical perspective, the price appears to be temporarily consolidating as it attempts to recover from recent losses. The Stochastic Indicator is generating weak bullish momentum, with its %K line crossing the %D one from below. This prevents a potential reversal. However, sellers are not giving up. The Chaikin Oscillator remains in negative territory, though it has been trending upward since January 25. This ongoing tug-of-war could send Bitcoin lower to the support zone between $88,000 and $87,500, particularly if it fails to break through resistance at $89,345.

January 30, when major options expire, could be a critical moment for a potential reversal. The mechanical pressure from market makers, who have kept BTC within the narrow range of $85,000–$95,000, is likely to subside after this date. Reduced volatility, combined with observed accumulation by large holders, may set the stage for an accelerated upward move following January 30.

Keep in mind the following trading strategy:

Buy BTCUSD near $88,500, with Take profit at $93,500 and Stop loss at $85,300.

The forecast remains relevant between January 27 and February 3, 2026.