Bitcoin’s open interest has declined sharply by 1.3 million BTC over the past month, potentially signaling a solid market bottom amid ongoing liquidations and deleveraging. This cleanup could pave the way for a renewed bullish trend as traders reduce risk exposure. Sharpest 30-day drop: Bitcoin open interest fell to around 1.3 million BTC, valued at […]
Source: https://en.coinotag.com/bitcoin-open-interest-decline-may-signal-potential-bottom-for-recovery