Bitcoin holds $20K, but analysts say BTC open interest leaves room for ‘more deleveraging’

Bitcoin holds $20K, but analysts say BTC open interest leaves room for ‘more deleveraging’


CoinTelegraph
2022-08-31 21:32:56

BTC trades in the lower-end of its 76-day range, but analysts say future Fed actions and record-high open interest increase the possibility of future “deleveraging events.”