Despite a recent decrease in leveraged long positions on Bitfinex, Bitcoin’s outlook remains optimistic. We delve into the $6.8 billion in long positions versus $25 million in shorts, Bitcoin options data, and ETF inflows to assess the likelihood of a BTC rally.
Tag: Bitfinex
Crypto Price Predictions: Will Bitcoin Hit $100K? Analyzing BTC, ETH, XRP, and More (May 7)
Comprehensive price analysis and predictions for Bitcoin, Ethereum, XRP, BNB, Solana, Dogecoin, Cardano, SUI, Chainlink, and Avalanche on May 7th. Will Bitcoin reach $100,000, and what are the key support and resistance levels for altcoins?