MARKET MOVEMENT
Our current Cash vs Crypto Margined Futures Open Interest chart for Bitcoin has seen a new All Time High this week, indicating that most retail traders currently have a much higher open interest in cash margined positions, which also indicated extremely low secondary crypto interest and a potential mid term move caused by this.
How can we expect this to affect the market in the mid term?
We’re likely reaching a bottom in crypto interest lows, which means that people are currently extremely uninterested in most markets. This, has historically caused very high volume moves to the upside, even starting completely new market cycles, and it’s likely what we’re about to see here.
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We told you first,
Fed. Russian Insiders
