BTC futures buying pressure rises to its highest level since August 19, while open interest 24 hours increased by nearly 9,000 coins BTC
PANews quoted analyst @AxelAdlerJr as saying that BTC futures buying-pressure indicator rose to 4.9, the highest level since August 19; contract open interest increased by nearly 24 hours by 9,000 coins BTC. The analyst believes that stabilizing above 85,000 USD would support continuation of the rally, while falling below 83,000 USD could intensify long-position liquidations.