????FREE INSIGHT????
- Yello ladies and gentlemen????????
????In the first picture, you can see the perpetual futures open interest with the current Bitcoin’s market cap.
????As you can see, we just reached its highest point since July when BTC reached ~$64k and plummeted towards ~$30k.
????What does this mean?
????It means that we’re in highly oversold territory on all market indicators. This signals an inevitable move up, likely having one of the highest volumes in the last 6 months.
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