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Bitcoin Futures Pivot to Long Positions — Is $112K the Next Stop?
- Bitcoin nears $109,000, showing recovery and increased futures open interest by 7%.
- Traders optimistic as long positions increase, eyeing potential breakout to $112K.
- Positive market sentiment supported by U.S. Fed policy shifts and growing institutional inflows.
- Recent Coin Days Destroyed spike seen as reshuffling before possible price surge.
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