Sep 22, 2025
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Bitcoin Long Positions on Bitfinex Increase 20%, Price Falls Below 100-Day Average
- Bitcoin (BTC) long positions on Bitfinex have increased by 20% over the past three months, reaching 52,774 margin trading positions.
- This rise in leveraged longs suggests strong buying pressure but also indicates potential risks due to the amplification of gains and losses.
- Historically, increases in such positions often precede price declines, acting as a contrary indicator rather than a direct bullish signal.
- Currently, BTC's price has fallen below its 100-day simple moving average, indicating potential further downside.
- The surge in leverage could lead to forced liquidations if the market reverses, increasing volatility and potential price drops.
