-

Is Rising Bitcoin Futures Open Interest Cause For Concern?

The beneath is from a current version of the Deep Dive, Bitcoin Magazine’s premium markets e-newsletter. To be among the many first to obtain these insights and different on-chain bitcoin market evaluation straight to your inbox, subscribe now.

Aggregate bitcoin futures open curiosity rise is barely beneath all-time ranges made on the native bitcoin market high in April. Is this trigger for concern? 

While futures open-interest and leveraged bets favoring the lengthy aspect have definitely elevated over the current weeks with bitcoin’s feverish rally previous earlier all-time highs, there are a couple of key distinctions between the market construction in April versus what we are seeing now. 

Source: Glassnode

Source: Glassnode

Latest news

Are Bitcoin Miners Selling The Bottom? – Bitcoin Magazine

Buy low then promote excessive is one of the crucial primary parts of funding recommendation within the historical past...

As the US dollar rises, Robert Kiyosaki calls for crypto buying opportunity

Join Our Telegram channel to keep up to date on breaking information protection Rich Dad’s best-selling writer A U.S. dollar...

BTC/USD Could Obtain Strong Support Below $19k

Join Our Telegram channel to keep up to date on breaking information protection The every day chart reveals that the...
- Advertisement -spot_img

BNB/USD Declines Slightly by 0.74%

Join Our Telegram channel to keep up to date on breaking information protection The Binance Coin (BNB) worth prediction sudden...

Must read

Are Bitcoin Miners Selling The Bottom? – Bitcoin Magazine

Buy low then promote excessive is one of the...
- Advertisement -spot_imgspot_img

You might also likeRELATED
Recommended to you