Bitcoin (BTC) has surged dramatically, recently surpassing $89,000 and approaching the $90,000 mark. This rise has heightened investor optimism, with QCP Capital noting that Bitcoin futures-based returns have reached a seven-month peak alongside increased leveraged transactions. However, analysts caution about a potential correction, as historical trends suggest that such rapid increases are often followed by downturns. Investors should remain vigilant and consider the volatility associated with futures trading.

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