"Bitcoin (BTC) volatility may rise ahead of Quadruple Witching Day"

JH Kim

Summary

It reported that an analysis suggests Bitcoin (BTC) volatility could increase ahead of this Friday’s 'Quadruple Witching Day.'
The outlet explained that during the March 2025 expiration of about $4.7 trillion in derivatives, S&P 500 trading volume hit its highest level of the year, and that above-average volume was also observed on other Quadruple Witching Days.
The outlet analyzed that although it is a traditional financial-market event, it affects the crypto market, particularly Bitcoin, and that caution is needed as a bearish pattern and the possibility of a short-term uptick in volatility may follow over the subsequent days or weeks.

Forecast Trend Report by Period

An analysis suggests that Bitcoin (BTC) volatility could increase ahead of this Friday’s "Quadruple Witching Day."

According to crypto-focused media outlet CoinDesk on the 19th (local time), Quadruple Witching Day occurs on the third Friday of March, June, September, and December each year, when the expirations of four major derivatives—stock index futures and options, single-stock options, and single-stock futures—occur simultaneously.

The outlet noted that "in March 2025, derivatives worth about $4.7 trillion expired, and S&P 500 trading volume hit its highest level of the year at the time," adding that "above-average volume was also observed on other Quadruple Witching Days."

It added that "while it is an event in traditional financial markets, it also affects the crypto market," analyzing that "Bitcoin often trades relatively quietly on the day, but a bearish pattern tends to emerge over the following days or weeks."

Accordingly, some in the market say caution is warranted over the possibility of a short-term uptick in volatility.