BitMEX Open Interest Continues To Dictate Crypto Volatility

News BTC | Dec 6, 2019 at 7:00 PM
  • Bitcoin price is trading within a tight range as of late.
  • The crypto asset likely stays within this range, at least until open interest on BitMEX reaches above 100,000 BTC – something that appears to be a trigger for the most powerful price movements on the crypto asset’s price charts.
  • Until it reaches such a number, the analyst expects Bitcoin to continue to range until open interest ushers in a return of volatility in the first-ever cryptocurrency.