Bitcoin’s push toward $80,000 is being backed by futures traders opening longs and stop hunting short positions.

Bitcoin traders are positioning in lower-liquidity zones as Binance futures data points to strong buying interest near $68,000.

Bitfinex margin longs surged to 80,600 BTC, a 2.5-year high, as Bitcoin struggles near $78K resistance. What this leveraged bet means for the market.