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Bitfinex traders double down on bitcoin during five-day slide as longs hit 2.5-year high

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data·
Bitfinex traders double down on bitcoin during five-day slide as longs hit 2.5-year high
AI Analysis

Bitfinex traders are increasing their long positions in bitcoin, reaching a 2.5-year high, despite a recent five-day price decline. This trend indicates a strong belief among traders that bitcoin will rebound soon.

Key Topics

Bitfinexbitcoin

Originally reported by CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data. Read the full article ↗

Bitfinex traders double down on bitcoin during five-day slide as longs hit 2.5-year high | AI Crypto Daily Wire