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Bitcoin could end year at $58K as futures market ‘overheated’ — CryptoQuant

  • CryptoQuant CEO predicts Bitcoin may end the year at $58,974 due to an overheated futures market.
  • Bitcoin's open interest is at a record level of nearly $50 billion.
  • Collective Shift CEO considers a pullback to $58,000 unlikely given current market conditions.
  • Bitcoin's price has surged 17.3% in the last seven days, reaching another all-time high of $81,570.

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