Bitcoin price analysis sees new short squeeze as open interest nears $25B

Bitcoin open interest hit five-week highs while funding rates mimicked the BTC price collapse below $60,000, leading analysis to predict a new short squeeze.
Source: Bitcoin price analysis sees new short squeeze as open interest nears $25B (https://cointelegraph.com/news/bitcoin-price-analysis-sees-new-short-squeeze-as-open-interest-nears-25b?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)