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Bitcoin analyst warns of $105K 'danger zone' as open interest stays frothy

CointelegraphWednesday, August 6, 2025 at 11:58:04 AM
NegativeCryptocurrencyCryptocurrency
Bitcoin analyst warns of $105K 'danger zone' as open interest stays frothy
A Bitcoin analyst is flagging a potential "danger zone" around $105,000 for BTC, warning that the current high levels of open interest in the market could signal volatility or a price correction ahead. While the short-term outlook isn't entirely bearish, the analyst urges caution.
Editor’s Note: For crypto traders, this is a heads-up—Bitcoin's recent momentum might hit a snag near $105K. High open interest often means the market is overleveraged, which could lead to sharp price swings. Whether you're bullish or not, it's worth paying attention to these warning signs.
— Curated by the World Pulse Now AI Editorial System

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