Analysts see risk appetite signs as Bitcoin futures OI rises 13%
Bitcoin futures open interest rises 13% in January, suggesting a return of risk appetite after a year of deleveraging.
Bitcoin futures open interest rises 13% in January, suggesting a return of risk appetite after a year of deleveraging.
Bitcoin’s derivatives open interest has fallen 30%, a move that historically precedes market recoveries. This decline, driven by deleveraging, could signal the beginning of a bullish trend for the cryptocurrency.
Bitcoin may see a relief bounce as stabilization signs emerge, according to analysts. Extreme deleveraging cited as a key factor.
Analysts suggest Bitcoin may see a relief bounce due to extreme deleveraging and other stabilization signs. Bitfinex’s insights examined.
Analysts eye Bitcoin ‘relief bounce’ amid extreme deleveraging. Is market set for a recovery? Explore key indicators & factors.