Analysts say Bitcoin’s open interest wipeout ‘will give way to further upside’

By Cointelegraph - 2 years ago - Reading Time: 1 minutes

Analysts say Bitcoin’s open interest wipeout ‘will give way to further upside’

Bitcoin’s drop to $42,000 obliterated its open interest and liquidated a large swath of leveraged traders, but analysts say OI resets typically provide great buying opportunities.

Original source: Cointelegraph