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Bitcoin (BTC) Shorts Obliterated Amid Surge in Open Interest

source-logo  coingape.com 08 November 2023 08:37, UTC

The market has no mercy on Bitcoin (BTC) short traders as a new uptrend is brewing in response to the rise in Open Interest (OI) observed overnight. This trend was predicted by market analyst CrediBULL Crypto who noted that the trends around Bitcoin volume have set the stage for a nice squeeze that can drive price upward.

coingape.com