Bitcoin Open Interest – DIGIT INFO

Bitcoin open interest tops chart after hitting $75K ‘sweet spot’

DIGIT — Thu, 07 Nov 2024 03:56:52 +0000

Bitcoin Open Interest reached $45.4 billion on Nov. 6 after Donald Trump won the US presidential election and Bitcoin tapped all-new highs.

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Bitcoin open interest surge past $35B raises ‘overheating’ concerns

DIGIT — Wed, 02 Oct 2024 14:40:42 +0000

Bitcoin’s recent surge in open interest beyond $35 billion has analysts worried about potential signs of froth in the market.

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Bitcoin price to $62K? Bearish div hints at a slow start to Uptober

DIGIT — Sun, 29 Sep 2024 14:20:00 +0000

Bitcoin open interest is testing a yearly high range of $35B while spot volumes remain skewed towards the sell side, indicating higher downside volatility.

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Bitcoin ‘late longs’ washed out as BTC price falls to $65K

DIGIT — Tue, 30 Jul 2024 20:23:12 +0000

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.

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Record $39.4B Bitcoin open interest suggests imminent price breakout

DIGIT — Mon, 29 Jul 2024 09:53:20 +0000

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.

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‘Insane amount’ of Bitcoin shorters are hoping it won’t go to $70K

DIGIT — Thu, 20 Jun 2024 05:47:03 +0000

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.

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