Bitcoin Investors Still Bullish: Data Indicates Almost 80% Remain Long on BTC9.6

According to data from DailyFX, almost four out of five Bitcoin (BTC) investors remain long on the number one digital asset by market capitalisation. This analysis runs contrary to the price performance of Bitcoin over the last twelve months.

The ratio of those investors who remain long on Bitcoin versus those short on the asset is currently at its highest point since November 2018. However, this does not mean we are entering properly bullish territory just yet.

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