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Where is Bitcoin headed after hitting $53K and CPI? Whales expect BTC price to rise further...short positions are down

Where is Bitcoin headed after hitting $53K and CPI? Whales expect BTC price to rise further...short positions are down

According to CryptoPotato, Bitfinex reported in its weekly market analysis report, Bitfinex Alpha, that "BTC whales are not taking large short positions due to expectations that the price will continue to rise. In addition, only 6% of long BTC holders are in losses, a pattern that has been seen in previous bull markets". "Demand for BTC spot ETFs has also remained steady. In particular, inflows of over $2.2 billion from December 12-16 helped BTC recover from a slight dip following the release of the U.S. Consumer Price Index (CPI)."