Bitcoin open interest surge past $35B raises ‘overheating’ concerns
Bitcoin’s recent surge in open interest beyond $35 billion has analysts worried about potential signs of froth in the market. Go to Source
Bitcoin Open Interest
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Bitcoin price to $62K? Bearish div hints at a slow start to Uptober
Bitcoin open interest is testing a yearly high range of $35B while spot volumes remain skewed towards the sell side, indicating higher downside volatility. Go to Source
Bitcoin ‘late longs’ washed out as BTC price falls to $65K
Bitcoin leveraged positions increased over the past week, and a portion of these late longs have been wiped out as BTC price dropped closer to $65,000. Go to Source
Record $39.4B Bitcoin open interest suggests imminent price breakout
Open interest is often used to gauge the interest and liquidity behind an asset. In Bitcoin’s case, the surge in open interest could signal an imminent breakout. Go to Source
‘Insane amount’ of Bitcoin shorters are hoping it won’t go to $70K
A hefty amount of Bitcoin short positions will be wiped if Bitcoin returns to $70,000, a price level it hasn’t seen in 12 days. Go to Source
