Bitfinex whales dump BTC longs as $135K Bitcoin price target reemerges
Bitfinex whales have recently liquidated a significant number of Bitcoin long positions, coinciding with a resurgence of a $135,000 price target for Bitcoin. This move reflects a shift in market sentiment among large investors, who are reacting to current price fluctuations. The liquidation of these positions indicates a potential bearish outlook, as traders reassess their strategies amid changing market conditions. Analysts suggest that this behavior could influence Bitcoin's price trajectory in the near term.
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