Bitcoin Futures Open Interest Hits All-Time High – Is This a Warning Sign for BTC Price?
Traders' strong appetite For leverage could be create THE Perfect scenario For Cascade liquidations.
Walk
Analysis
Own This piece of crypto history
Collect This article as NFT Join We on social networksBitcoin (BTC) flew above $72,000 For THE First of all time Never on March 11, marking A 9.5% increase on THE pass week. THE rally has seen significant volatility, Underlines by A 4.8% intraday increase has $70,055 on March 8, follow up by A 5.9% soak has $65,935.
As A result, Bitcoin bulls are mistrustful of celebrate This new all the time high, particularly due has THE overvoltage In leverage request through BTC eventually contracts.
Request For Bitcoin eventually to go up, but It is not necessarily bullishAnalysts to have sharp out that THE $35.8 billion In Bitcoin eventually open interest laid A risk, as traders often count too much on leverage positions.
Bitcoin
eventually
AGGREGATE
open
interest,
USD.
Source:
Quince...
Traders' strong appetite For leverage could be create THE Perfect scenario For Cascade liquidations.
Walk
Analysis
Own This piece of crypto history
Collect This article as NFT Join We on social networksBitcoin (BTC) flew above $72,000 For THE First of all time Never on March 11, marking A 9.5% increase on THE pass week. THE rally has seen significant volatility, Underlines by A 4.8% intraday increase has $70,055 on March 8, follow up by A 5.9% soak has $65,935.
As A result, Bitcoin bulls are mistrustful of celebrate This new all the time high, particularly due has THE overvoltage In leverage request through BTC eventually contracts.
Request For Bitcoin eventually to go up, but It is not necessarily bullishAnalysts to have sharp out that THE $35.8 billion In Bitcoin eventually open interest laid A risk, as traders often count too much on leverage positions.
Bitcoin
eventually
AGGREGATE
open
interest,
USD.
Source:
Quince...
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