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Investors See Opportunity With Current Bitcoin Price – Bitcoin Magazine

This is an opinion editorial by Mike Ermolev, Head of Public Relations at ChangeNow Exchange.

As a retailer or someone who just started with Bitcoin a while ago, you may be looking for clues about what to expect next with its price. A second opinion is also important for experienced Bitcoin investors to compare their own views.

Analyzing Bitcoin Futures Open Interest

Bitcoin free interest provides insight into how much money is flowing into and out of the Bitcoin derivatives market. Products such as bitcoin futures and perpetual swaps are used by traders to predict whether the price of bitcoin will rise or fall without owning the digital asset. A higher Bitcoin open interest means more traders have opened positions, while a lower one means more traders have closed them.

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