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Bitcoin price derivatives look a bit overheated, but data suggests bears are outnumbered

Bullish BTC traders are using excessive leverage, but bears’ reluctance to fight back could extend the current Bitcoin price rally.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin price derivatives look a bit overheated, but data suggests bears are outnumbered

Bullish BTC traders are using excessive leverage, but bears’ reluctance to fight back could extend the current Bitcoin price rally.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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