Bitcoin Open Interest Has Cooled Off, Good Sign For Bulls?
Data shows the Bitcoin Open Interest has observed a notable cool off recently, something that could be positive for the rally’s hopes.
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Bitcoin Open Interest
Bitcoin Open Interest Sets All-Time High As BTC Tops $72,000
Data shows the Bitcoin Open Interest has set a new all-time high (ATH) as the cryptocurrency’s price has surged above $72,000.
Bitcoin Open Interest Has Shot Up Recently
CryptoQuant Netherlands community manager Maartunn explained in a post on X that the BTC Open Interest has just reached a new ATH.
Crypto Open Interest At All-Time High: Explosive Move Soon?
Data shows the total open interest in the crypto sector has recently been at an all-time high, indicating that volatility may be coming for the coins.
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Bitcoin Could See “More Pullback Than We Think,” Quant Says
A quant has explained that Bitcoin could end up seeing an extended drawdown if the past pattern in the Open Interest ends up repeating.
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Bitcoin Open Interest Hits Alarming Level, Brace For Impact?
Data shows that Bitcoin Open Interest has surged to extreme levels recently, a sign that a large amount of volatility may soon clutch the market.
Bitcoin Open Interest Has Been Rapidly Moving Up Recently
As an analyst in a CryptoQuant Quicktake post pointed out, the BTC Open Interest is very high.
Why $23 Billion in Leveraged Bitcoin (BTC) Positions Won’t Cause a Price Crash
Open interest in Bitcoin futures has risen to over $23 billion. The leverage on these positions is low, which lowers the chance of major price crashes due to liquidations.
Open interest in Bitcoin futures has rallied over 20% to highs not seen since the 2021 bull run.
Bitcoin Open Interest Hits Highest Level Since 2022 – What’s Next For BTC Price? | Bitcoinist.com
The price of Bitcoin has been on a tear in the past few days, returning to the lofty levels it once occupied at the beginning of the year. Interestingly, not only has BTC’s price been on the rise, but the coin’s open interest has also witnessed significant growth in the past few days.
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