Bitfinex reports that Bitcoin long positions have hit their highest level since November 2023, totaling 83,933 BTC. Despite this, the market sentiment remains cautious due to the risk of forced liquidations and ongoing volatility in tech stocks.
Recent fluctuations in gold prices and tech stocks, especially Microsoft, have influenced Bitcoin’s market behavior, leading to a decline to 84,000 USD. Investors remain wary as excessive leverage could trigger further market corrections.
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