12-11-2021, 06:15 AM
Analysts say Bitcoin’s open interest wipeout ‘will give way to further upside’
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTIvODRhNTdkNzktZjVmNy00ZTk1LTgyY2QtMjM1NjA5YTRlNjFiLmpwZw==.jpg"></p><p>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.</p>
https://cointelegraph.com/news/analysts-...upsideKind Regards R
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTIvODRhNTdkNzktZjVmNy00ZTk1LTgyY2QtMjM1NjA5YTRlNjFiLmpwZw==.jpg"></p><p>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.</p>
https://cointelegraph.com/news/analysts-...upsideKind Regards R