๐ $BTC Price Analysis: New Highs Before July Unlikely
Bitcoin's open interest divergence and a recent flush of latecomer long positions suggest potential for future all-time highs. However, analysts believe fresh peaks before July remain unlikely as the market consolidates.
Key takeaways:
- Open interest divergence hints at underlying strength
- Latecomer longs were recently liquidated, cleansing the market
- New ATHs possible, but timing points to post-July
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