$13B Bitcoin futures open interest reflects traders’ strong bullish optimism
Bitcoin
BTC
$22,669
price recovered by 27% just three days after testing the $31,000 support and earlier today bull recaptured the $40,000 level.
This quick recovery occurred despite the digital asset facing one of the largest buy-side liquidations in a single day as $1.5 billion was wiped off the books. Interestingly, futures contract traders appear to have returned with...