🚀 ¡$BTC AL ROJO VIVO! 🚀 ¡Open Interest at HISTORICAL HIGH!
Is a Short Squeeze IMMINENT? 🔥
Attention, crypto traders! 🤯 Open interest in #Bitcoin ($BTC) futures has reached a NEW HIGH ($72 BILLION)! And hold on: there is $1.2 BILLION in SHORT positions ready to be liquidated if $BTC surpasses $107k-$108k! 💣💥
What's behind this? 🤔 Strong institutional demand and uncertainty over U.S. debt could be fueling the fire. My economist eye 🧐 sees potential for an EXPLOSIVE move if those shorts fall.
We could see $BTC soar to new ATHs! 💨
What do you think? 👇
Is the mega squeeze coming or will the bears hold strong? Comment below!
Action! 💬
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Important: This is my opinion, not financial advice. Always DYOR! NFA.