No $90K Bitcoin till next year: BTC futures open interest hits 8-month low - Source: CoinTelegraph

Bitcoin bulls worry that institutional interest is weakening amid softer demand for BTC futures. However, other metrics suggest that the BTC price could avoid falling below $85,000.

Key takeaways:

• -BTC futures open interest fell to $42B, an eighth-month low, signalling a leverage flush rather than bearish bets.

• -Bitcoin options pricing suggests stabilizing sentiment.

Story continues: https://cointelegraph.com/news/no-90k-bitcoin-futures-open-interest-8-month-low