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Bitcoin Traders are Exiting Bullish Positions En Masse, Data Shows

The number of traders who had bullish positions on bitcoin is declining. And it could be significant in determining the cryptocurrency’s next big move.Charts on the Bitfinex exchange earlier showed an almost parabolic rise in long positions, showing that investors expected to profit from a rise in the bitcoin price.Between

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Bitcoin Price Technical Analysis (Sep. 24): Investors Begin Selling their Positions

AnalysisBitcoin(BTC)trade is currently trading at $9,714. When looking at the chart below, we can see that the cryptocurrency price has recently broken the support of $9,828, turning it into resistance with a new support level at $9,695. The price has jumped up from the support level, which is a minor

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