<div id="readability-page-1"><div><ul><li>Bitfinex margin longs rose to 80,636 BTC, their highest level since December 2023, signaling continued accumulation from leveraged traders despite bitcoin falling 13% this year. </li><li>Bitcoin is testing major resistance levels, including the True Market Mean and short-term holder cost basis near $78,000, with the 200-day moving average looming above $81,000.</li></ul></div></div>

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<p>Bitfinex margin longs have increased to 80,636 BTC, the highest since December 2023, indicating ongoing accumulation by leveraged traders despite a 13% decline in bitcoin this year. Bitcoin is currently testing key resistance levels around $78,000 and $81,000.</p>

- Bitfinex margin longs increased to 80,636 BTC, the highest since December 2023, indicating ongoing accumulation by leveraged traders despite a 13% decline in bitcoin this year.  
- Bitcoin is currently testing significant resistance levels, including the True Market Mean and the short-term holder cost basis around $78,000.  
- The 200-day moving average is positioned above at $81,000, which may influence future price movements.

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