Bitcoin due for squeeze as record $88B open interest sparks ‘flush’ worries
4d ago•
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Bitcoin futures gained their highest levels of open interest ever, leading to a forecast of a "liquidity flush" within two weeks.
Key points:
Bitcoin circles the $120,000 mark as traders boost liquidity on either side of the spot price.
Analysis sees bulls addressing the “imbalance” to take the market higher.
4d ago•
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