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Bitcoin (BTCUSD) Pauses as Implied Volatility Hits 2023 Low; Open Interest to Decide

Beincrypto Read original source (opens in a new tab)
The Story

News Summary

  • Analysts say Bitcoin's implied volatility fell to its lowest since 2023; MVRV is neutral and exchange holdings declined.
  • Recent deleveraging cut open interest 16%, leaving future direction dependent on whether open interest accumulates in longs or shorts.
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BTCUSD price history

76377.58 +11.84% over the displayed period

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