There has been a lot of talk about the Bitcoin trend, but I am clear, good movements are taking place, I found this on the web and I find it interesting:
Bitcoin Leveraged Positions Building Up: BTC To $50,000 Or $60,000?Amid this development, one on-chain analyst notes that there has been a massive accumulation of leveraged positions from March 2024. Though it remains uncertain which direction prices will move, the current state of affairs means sellers have the upper hand.
Original source:https://www.newsbtc.com/bitcoin-news/bitcoin-leveraged-positions-building-up-btc-to-50000-or-60000/Everything indicates indecision, in the article they see the panorama only with a bearish market, but I am more of the opinion that due to the movement of the old wallet that moved more than $8 million in bitcoin and due to the recovery above $56k, I want to think positive.
Bearish or bullish? For me bullish for these two movements, going over #$60k, according to other analyses they say that if it reaches $&6k again and exceeds it, the ceiling will be at $72k, if the negative panorama passes, it goes down, because there is no other option: Buy.
