Bitcoin Open Interest climbs before CPI – Is $82K next for BTC?
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Bitcoin open interest rose ahead of the U.S. CPI release, indicating increased derivatives positioning and potentially higher near-term volatility for BTC. The buildup in leveraged interest suggests traders are anticipating a significant move, but it also raises liquidation risk if the inflation data surprises markets. Bitcoin could target the $82,000 area if CPI supports risk assets and bullish momentum persists, though a hotter-than-expected reading could trigger a pullback.
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