📈 Bitcoin open interest has reached the highest level since 2022
The price of Bitcoin has been on the rise for the past few days and has returned to the high levels it recorded at the beginning of the year. Interestingly, not only is the price of Bitcoin increasing, but the Open Interest (OI) of this coin has also seen a significant growth in the past few days.
Bitcoin open interest, depending on its movement, can often indicate the direction of the price in the near future.
