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Bitcoin ‘short squeeze’ sends BTC price to $35.9K as OI stays elevated

More than $15 billion in Bitcoin open interest reaches a predictable conclusion as shorts get squeezed and BTC price action targets $36,000.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin ‘short squeeze’ sends BTC price to $35.9K as OI stays elevated

More than $15 billion in Bitcoin open interest reaches a predictable conclusion as shorts get squeezed and BTC price action targets $36,000.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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