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Bitcoin futures pivot to long positions — Is $112K the...

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11 months ago 11 months ago

Bitcoin futures pivot to long positions — Is $112K the next stop?


Biraajmaan Tamuly
by Biraajmaan Tamuly 11 months ago11 months ago
Bitcoin futures pivot to long positions — Is 2K the next stop?


Bitcoin futures show rising long-side buy pressure as open interest surges.

Key takeaways:

Bitcoin futures open interest has climbed +7% in 30 days, suggesting a bullish shift in sentiment.

A Bitcoin market momentum indicator shows that long-side buy pressure is rising.

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