Quarterly expiry research
DERIVATIVES · QUARTERLY EXPIRY

Quarterly US Derivatives Expiry

Recurring U.S. equity-index derivatives expiry, also commonly called triple witching or quad witching. It is positioning context, not a directional Bitcoin signal.

STATUSCOMPLETED
ROLL WINDOWMar 17, 2025
EXPIRY SESSIONMar 21, 2025
HOLIDAY ADJUSTEDNo
BTC DATA7/7 windows complete
DIRECTIONAL PRIORNone
OBSERVED BTC PATH · COMPLETED DAILY CANDLES

Bitcoin reaction after expiry

HorizonReturnWorst excursionBest excursion
1D-0.39%-0.62%+0.40%
3D+3.97%-0.62%+5.49%
5D+3.26%-0.62%+5.49%
7D+0.24%-0.77%+5.49%
14D-0.38%-3.57%+5.49%
30D+1.18%-11.60%+5.49%
90D+24.34%-11.60%+33.04%

Base price is the last Coinbase BTC-USD daily close completed before the event. These outcomes do not prove the event caused the move.