Bitcoin’s Open Interest and demand level is key to short-term posture: Here’s why

By AMB Crypto - 1 year ago - Reading Time: 1 minutes

Bitcoin’s Open Interest and demand level is key to short-term posture: Here’s why

Long and short Bitcoin positions have not been exceptionally significant, although funding rate remained positive. While the Bitcoin fear and greed index hit highs in months, the king coin will need increased demand to sustain the rally. The performance of Bitcoin [BTC] since the start of 2023 has brought confidence back into the crypto market. […]

Original source: AMB Crypto