Bitcoin: Open Interest Falls to March Lows

BTC rallies on reduced leverage as price climbs 35% from the August low while coin-denominated open interest falls nearly 20% to its lowest level since March.

With BTC price at $84316.49 inside the Bollinger band, the upper resistance at $85217.04 caps near-term moves while the lower support at $82807.53 guards against volatility spikes. The EMA50 at $83542.97 and EMA200 at $79230.55 act as stacked supports that reinforce the bullish trend structure. MACD golden cross at -56.24 confirms momentum despite neutral RSI at 54.22, suggesting continuation after any pullback to the 50-EMA.

Traders tracking BTC price prediction models note this deleveraged advance lowers the odds of sharp corrections compared to prior 2026 swings.