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š Bitcoin Futures Open Interest Explodes 10% as BTC Charges Toward $110K
š Bitcoin Futures Open Interest Explodes 10% as BTC Charges Toward $110K
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Futures traders are piling into Bitcoin like Wall Street bankers at an open barājust as BTC takes aim at its next psychological milestone.
The leverage frenzy is back
Open interest spikes rarely happen in isolation. This 10% surge suggests institutional players might be positioning for what comes after $110Kāor hedging against traditional markets that still think crypto is 'just a phase.'
Price discovery mode activated
With every resistance level shattered, Bitcoin's chart starts looking like a stairway to heaven. Meanwhile, gold bugs weep into their safe-haven spreadsheets.
Remember when $100K seemed outrageous? The market's memory is shorter than a day trader's attention spanāand right now, it only cares about what's next.
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