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 WINDOWJun 16, 2025
EXPIRY SESSIONJun 20, 2025
HOLIDAY ADJUSTEDNo
BTC DATA7/7 windows complete
DIRECTIONAL PRIORNone
OBSERVED BTC PATH · COMPLETED DAILY CANDLES
Bitcoin reaction after expiry
| Horizon | Return | Worst excursion | Best excursion |
|---|---|---|---|
| 1D | -2.40% | -3.59% | -0.63% |
| 3D | +0.71% | -6.16% | +1.40% |
| 5D | +2.61% | -6.16% | +3.38% |
| 7D | +2.33% | -6.16% | +3.51% |
| 14D | +3.21% | -6.16% | +5.65% |
| 30D | +12.08% | -6.16% | +17.73% |
| 90D | +11.89% | -6.16% | +18.97% |
Base price is the last Coinbase BTC-USD daily close completed before the event. These outcomes do not prove the event caused the move.