Recently, Bitcoin’s open wipe for opening interest in the amount of 12 m, analyst said

Bitcoin is an open fixture of $ 12 billion in early this month may only be a catalyst for property to return its momentum upward, according to the analyst.

“This can be considered reseting the natural market, an essential phase for maintaining the beech extension,” Criptokuant Contributor Darkstost said In the markets report 17. Marta.

“Looking at the historical trends, every past that separated like this has given good opportunities for the short term to medium-term,” analyst said.

Koigulama data showing It 20. February, Bitcoin’s (Btc) Open Interest (OI) – metric monitoring total number of unredominal contracts on Bitcoin, such as options and future – amounted to 61.42 billion dollars before they left 19% to $ 49.71 billion to 4th. March. Marta.

There was a lovely price due to uncertainty over the US President Donald Trump was imposed tariffs and the future of American interest rates.

“After a recent panic, it drives political instability associated with Trump decisions, we witnessed huge liquidation with positions on Bitcoin,” Darkstost said.

The price of Bitcoin fell below two crucial levels of prices during a two-week period, which is closer to the levels seen in days after Trump’s election victory in November.

25. February Wior Bitcoin’s priced withdraws below $ 90,000, and only two days later, 27. February, Bitcoin It fell under $ 80,000 for the first time From November. Now trades $ 83,400, toward to get the data for coinmarketcap.

Main bitgystical analyst Ryan Lee Cointelegraph recently said It with Bitcoin that floats at low $ 80,000, its price and OI could see more instability if the Federal Meeting of Open Open Board delivers any surprises.

“The market is largely expected to keep the rates stable, but any unexpected juice signals could press the pressure on Bitcoin and other risky assets,” he added.

Related: Bitcoin experiencing “Shakeout”, not the end of a four-year cycle: Analysts

Markets currently appreciate 99% chance that the Fed will keep interest rate stable, in accordance with the latest values ​​of the FEDVatch CME group agent.

At the time of publication, Bitcoin Oi is sitting to 49.02 billion dollars, which is approximately 6.5% increased in the last five days.

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