The increase in leveraged positions in Bitcoin indicates dip buying.

Leveraged Positions in Bitcoin Are Increasing

Bitfinex platform's leveraged long positions have reached approximately 77,100 Bitcoin with a 64% increase over the past six months. This situation indicates that investors continue to tend to purchase at low prices in the markets.

Market Stress and Price Lower Levels

Historical data shows that the stable increases in leveraged long positions have historically coincided with periods of market stress. However, it can also be said that the current situation does not clearly indicate a price bottom.

Bitcoin Price Decline

Meanwhile, the price of Bitcoin has fallen below $69,000. These developments require investors to be cautious.