Bitcoin Bears Fear A Short Squeeze Above $71,000 As Open Interest Rises To $22.6B

Bitcoin is on the verge of a historic move as it pushes toward its all-time highs, surging above the $71,000 mark just yesterday. This breakout has ignited optimism among analysts, who expect further upside in the coming weeks as the US election draws near—a period historically marked by heightened volatility and market shifts. Critical data from CryptoQuant indicates that Open Interest has... source: https://www.newsbtc.com/bitcoin-news/bitcoin-bears-fear-a-short-squeeze-above-71000-as-open-interest-rises-to-22-6b/