How Bitcoin’s $70K hike unveiled something interesting about traders
- Open Interest in BTC surged as price reached the $70,000 mark.
- Traders continued to make their bets despite high amount of liquidations.
Bitcoin [BTC] has inspired massive optimism from traders in the crypto space as the price of BTC surged and reached the $70,000 level.
Despite the high volatility, many traders were willing to make bets on where BTC was headed, going forward.