Bitcoin [BTC]: Indicators point at a bull cycle, and on-chain data reveals…

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Bitcoin [BTC]: Indicators point at a bull cycle, and on-chain data reveals…
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Bitcoin [BTC]: Indicators point at a bull cycle, and on-chain data reveals...

While Sachi opined that the decline in accumulation and other factors ushered in a new bull cycle, a look at on-chain data and price chart revealed otherwise.

When the Open Interest of a crypto asset falls, it means that the number of outstanding contracts or positions in the market has decreased.

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