[Stanley]

Bitcoin due for squeeze as record $88B open interest sparks ‘flush’ worries




Bitcoin futures gained their highest levels of open interest ever, leading to a forecast of a "liquidity flush" within two weeks.



https://cointelegraph.com/news/bitcoin-s...er_inbound

[Hackers]

Interesting, we'll see how it pans out. I'm not overly excited by BTC, but I do put it at a high of 380-430K usually in past model predictions. I don't think that's unreasonable, but I haven't charted it out in a bit. I wouldn't say we're at any number too surprising, and there's still plenty of opportunity for rebuys at the 70-90K mark even with it sitting pretty at 123K USD at the time of my post here.

Bitcoin can be fun, but I don't enjoy the ups & downs. I like to hold. Realistically I can see it breaking 200K and still coming back down to similar prices. The swings on BTC will lessen with more institutional investors, but I do believe there are a few more 2x pumps & 0.5x crashes to be had in its future.

Invest w/ caution

If you want something big, look into quantum.

Bitcoin might revolutionize finance, but quantum revolutionizes technology as a concept, a lot of physics, and there are very, very real projects ongoing with DOD/DOE/USAF & more in US gov, as well as several private companies.

[Fish]

Bitcoin due for squeeze as record $88B open interest sparks ‘flush’ worries


           
               
                    Bitcoin futures gained their highest levels of open interest ever, leading to a forecast of a "liquidity flush" within two weeks.
                               
       

https://cointelegraph.com/news/bitcoin-s...er_inbound

Bitcoin is growing and it ain’t stopping anytime soon

[Aeowulf]

Everyone's focusing on BTC, but I just want to see more love for the cheap transactions you get from LTC or DGB.

[jcole]

New Bitcoin ATH reached today.

[DAL-SHA]

i'd still invest but ; Bitcoin’s record $88B futures open interest signals a possible liquidity flush and price squeeze in the next two weeks, raising market volatility concerns.😕😕