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Bitcoin Open Interest Hits Record $19.8 Billion—Is The $100K Rally About to Begin?

  • Bitcoin's open interest has reached a new all-time high of $19.8 billion, indicating strong sentiment among traders.
  • The rise in open interest and increasing funding rates suggests a bullish outlook for Bitcoin.
  • Bitcoin's price has seen significant upward movement, reaching $66,173 and trading at $65,655.
  • Crypto analysts have mixed opinions about Bitcoin's future trajectory, with some predicting a massive rally and others urging caution.

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