Bitcoin (BTC) Longs began their downtrend around the beginning of the year but since the recent rallies, the bulls have become more confident and we have seen BTCUSDLongs surge again. If we look at the daily chart for BTCUSDLongs, we can see that it has broken the downtrend and is currently up more than 9% for the day. This tells us that bullish euphoria is around extreme levels. Certainly, this could push the price higher towards $12,000 or even higher but there is no denying that this is going to
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