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Bitcoin Market Structure Update “Market just witnessed the largest drop in Open Interest of the current cycle… This move does not signal the start of a bear market; rather, it reflects a major leverage washout (Long Squeeze).” – By @abramchart

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Continue ReadingBitcoin Market Structure Update “Market just witnessed the largest drop in Open Interest of the current cycle… This move does not signal the start of a bear market; rather, it reflects a major leverage washout (Long Squeeze).” – By @abramchart