Bitcoin is set to face its largest options expiration in history this Friday, potentially sparking a Bitcoin rally.

BlockBeats News, December 24th, this Friday will see approximately $23.6 billion worth of Bitcoin options expiring, marking the largest options expiry day in Bitcoin's history.

Analysis indicates that this expiry is of significant scale and is overall skewed to the upside. The maximum pain point (the price at which options buyers suffer the most loss at expiry, while sellers reap the most gain) is at $96,000, which will reinforce the upward price trend.