A cryptocurrency analyst has pointed out how the Open Interest for Bitcoin and the altcoins is forming a setup that previously led to a market downturn. Bitcoin & Altcoins Have Seen A Jump In Open Interest Recently In a new Open Interest for Bitcoin and the altcoins. This indicator measures the total amount of positions…
Tag: altcoin open interest
Altcoins Flash Red Flag As Market Top Looms — Details
Recent developments in the derivatives market now threaten the long-term bullish potential of the altcoin market based on historical data. Despite recent gains and market indicators that signal the altseason may soon begin, investors could be looking at a rather short-lived euphoria. Over the last day, the crypto market has witnessed a strong bullish momentum…