Bitcoin is Rising But There is a 32 Billion Problem: The Price May Sharpen! - Koin Bulletin

Koinbulteni · 2025-03-24T16:28:59+00:00

Bitcoin's rapid price increase, combined with open interest exceeding $32 billion, may lead to liquidation risks. High open interest and escalating prices could trigger liquidations, with potential for sharp increases but also risks of a significant correction. Continued monitoring of open interest fluctuations is crucial to determine the sustainability of the price surge. Investors are advised to remain cautious of sudden price shifts and potential market volatility.

Koinbulteni

2025-03-24 16:28:59

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The rapid increase in the price of Bitcoin (BTC), combined with open interest exceeding 32 billion dollars, may lead to liquidation risks.

The price of Bitcoin is skyrocketing, but there is a significant risk to be aware of. Open interest (Open Interest – OI) has reached record highs, surpassing $32 billion, CryptoQuant analysts warn. While this may trigger the price to go up to $87.5K**, it also carries with it a huge risk.

According to CryptoQuant’s analysis, high open interest combined with rapidly rising prices creates a situation that could trigger a liquidation chain. If this rise continues, the market may experience an even sharper increase due to FOMO (Fear of Missing Out – Kaçırma Korkusu) effect. However, if the bulls lose control, highly leveraged positions may start to be cleared, leading to a sharp correction.

The sustainability of this rise in Bitcoin prices will be monitored alongside sudden changes in open interest. Such sudden changes and price movements can lead to significant liquidations in the market, which may cause a sharp decline. Analysts are urging investors to be cautious and to keep an eye on sudden price fluctuations.

According to CoinGecko data, Bitcoin gained 2.8% in value in the last 24 hours and is trading at 87,239 dollars.

BTC-1,71%

ART0,2%

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