Investors See Opportunity With Current Bitcoin Price – Bitcoin Magazine

This is an editorial opinion by Mike Ermolaev, Head of Public Relations at ChangeNOW Exchange.

Whether you’re a retail trader or someone who just started with Bitcoin a long time ago, you’re probably looking for a clue as to what to expect next with the price. A second opinion is also important for experienced Bitcoin investors to compare their own views.

Analyzing open Bitcoin futures needs

Bitcoin open interest lets you know how much money is flowing into the Bitcoin derivatives market. Futures like bitcoin futures and futures exchanges are used by traders to predict whether the price of bitcoin will rise or fall without owning the digital asset. A higher bitcoin open interest means more traders have opened positions, while a lower one means more traders have closed.

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