Many đź‘€ are looking at open interest in #bitcoin
DONT
Easiest way to look at the buyers of Bitcoin is the Altcoins… they e barely moved and Google searches for #btc are 0
Unless institutions start shorting themselves (never happen)
There is no retail to short… anywhere
This is Demand vs supply
Everybody wanted #bitcoin ETF and institutional adoption
So open interest and massive increase in price is expected
IMO it’s not spiking hard enough