Bitcoin Traders: 63% Are in Long-Term Positions. Will BTC Break $60,000
Journalist
- Bitcoin has seen an increase in long positions in recent weeks.
- BTC price has been at $60,000 for the past two days.
Bitcoin [BTC] The stock’s price has fluctuated wildly in recent weeks. It eventually reached its $60,000 level again.
Despite this turmoil, most traders remain optimistic and prefer long positions. Recent data shows that long positions have suffered some losses during this time.');
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This trend has continued since July. Although Bitcoin price fell below the crucial $60,000 mark, there were consistently more long positions than short positions.
Traders were confident that Bitcoin WILL NOT CONTINUE TO DROP despite the fluctuations.
AskFX’s analysis of the Bitcoin liquidation trend added an interesting dimension to the dominance of [LONG POSITIONS].
The past few weeks have seen an increase in Clement some accounts still held long positrmation highlighted on This particular highlight was created using Text selection
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