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Bitcoin Futures Expiration, Soaring Open Interest Could Signal Major Move
Summary: Bitcoin futures contract expiry is coming up this Friday and the volatile move and new highs every hour on BitMEX is expected on the markets (Coinvedi). In order to get an upper hand on the cryptomarkets, cryptotraders will be searching for any information that will give them an advantage on the market. The details from ...
Bitcoin futures contract expiry is coming up this Friday and the volatile move and new highs every hour on BitMEX is expected on the markets (Coinvedi). In order to get an upper hand on the cryptomarkets, cryptotraders will be searching for any information that will give them an advantage on the market.
The details from the analysis will include stock-to-flow models, Bitcoin addresses, etc. Normally, the Chicago Mercantile Exchange will lead to volatility following expiry. The surge in open interest ensures volatility throughout these coming days. These days are a critical moment for crypto space, there is no "rhyme or reason" regarding which direction Bitcoin will take.
By Claudia Rivera
Tags: Bitcoin,cryptomarkets,Volatile
Link: Bitcoin Futures Expiration, Soaring Open Interest Could Signal Major Move [Copy]
