🚨🚨 BTC/USDT 🚨🚨
As I write this post, Bitcoin is still rising, and the open interest continues to increase with it.
Peak 64,000 No. (1) Interest rate corrected from 3 billion
Peak 68,000 No. (2) Interest rate corrected from 5 billion
The current price at No. (3) did not breach the peak of 68,000, and the interest reached 9 billion!! A strong correction is needed to clean up this alarming 9 billion figure.
The result will be severe for most currencies if the correction is quick and strong. 🔴