#Binance users are bullish on BTC.#

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Overview

According to the latest data from on-chain analyst Ali, 61.28% of all traders holding open BTC positions on the Binance platform are betting on a rise in Bitcoin. This indicates that Binance users are optimistic about the future trajectory of BTC, believing that its price will increase.

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Analysis

There has been a noticeable bullish sentiment towards Bitcoin on the Binance platform recently. On-chain analyst Ali posted data on social media platform X showing that 61.28% of Binance traders holding BTC positions are betting on Bitcoin to rise. This data suggests that despite recent market volatility, a significant portion of Binance users remain optimistic about Bitcoin's future trajectory. This could be related to the recent rebound in Bitcoin prices and market expectations for a future bull run. However, it is important to note that market sentiment is not the sole basis for investment decisions. Investors should carefully assess risks and make rational judgments based on their own circumstances when making investments.

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Binance users are bullish on BTC

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Over 60% of Binance users are betting on a rise in BTC price

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Binance users are optimistic about the future price trend of BTC

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Binance users have strong bullish sentiment towards BTC

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