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Bitcoin bullish bets hit a 28-month high on Bitfinex, and that's music to bears' ears
📰 sources⭐ 9.0
TL;DR:
Historically, spikes in Bitfinex BTC/USD longs have acted as a contrary indicator.
Key Points:
Background:
Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.
Why It Matters:
This development could influence BTC price action and market sentiment in the near term.