Record $830M CME Bitcoin Futures Open Interest Highlights Bullish Trend By Cointelegraph

Record $830M CME Bitcoin Futures Open Interest Highlights Bullish Trend


Record $830M CME Bitcoin Futures Open Interest Highlights Bullish Trend

(BTC) has been in a fairly strong bullish trend since mid-March when the price rebounded from the massive crash which saw the price drop as low at $3,600 on some exchanges.

Regardless of whether one is tracking the price on a 3-hour chart or the weekly timeframe, the price has steadily steamrolled higher, culminating with a test of $12,100 on August 2.

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