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 12, 2023
EXPIRY SESSIONJun 16, 2023
HOLIDAY ADJUSTEDNo
BTC DATA7/7 windows complete
DIRECTIONAL PRIORNone
OBSERVED BTC PATH · COMPLETED DAILY CANDLES

Bitcoin reaction after expiry

HorizonReturnWorst excursionBest excursion
1D+3.66%+2.33%+4.74%
3D+4.96%+2.33%+5.75%
5D+17.31%+2.33%+20.45%
7D+20.09%+2.33%+22.97%
14D+19.15%+2.33%+22.97%
30D+18.29%+2.33%+24.61%
90D+3.77%-2.62%+24.61%

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