07-11-2023 16:00 via newsbtc.com

Bitcoin May Be Headed Towards 20%+ Decline Based On This Pattern

Bitcoin could see a decline of at least 20% in the near future, if the historical pattern of this indicator is anything to go by.
Aggregated Open Interest Of Assets Except Bitcoin Is Forming A Bearish Pattern
In a new post on X, CryptoQuant Netherlands community manager Maartunn has talked about a bearish pattern forming in the aggregated open interest of all cryptocurrencies except Bitcoin.
The “open interest” here refers to an indicator that measures the total amount of derivative
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