#Binance users are bullish on BTC.#

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Overview

According to on-chain analyst Ali's data, 61.28% of all traders holding open BTC positions on Binance are betting on Bitcoin to rise. This indicates that Binance users are bullish on BTC and believe its price will increase.

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Analysis

According to on-chain analyst Ali's post on X, 61.28% of all traders holding BTC positions on Binance are betting on Bitcoin to rise. This means that on Binance, the proportion of traders bullish on Bitcoin exceeds the proportion of traders bearish on Bitcoin. This indicates that many Binance users are optimistic about the future of Bitcoin and believe that the price of Bitcoin will rise. This data also reflects the overall bullish sentiment in the Bitcoin market recently, as well as investor confidence in Bitcoin.

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Binance users are bullish on BTC

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

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Binance users have strong bullish sentiment on BTC

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Binance users are optimistic about the future of BTC

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