IntoTheBlock: Significant Increase in Bitcoin Short-Term Trader Positions May Signal Start of New Price Surge if Inflows Continue
IntoTheBlock stated that last week saw a notable increase in Bitcoin short-term trader positions, indicating a resurgence in speculative demand. If these inflows persist, it suggests that the current rise is not just a technical rebound, but could potentially be the start of a broader increase.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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