While the focus in the Bitcoin and cryptocurrency markets is currently on the Non-Farm Employment data release from the USA, Bitcoin ETF inflows are achieving unprecedented milestones.

Apart from the remarkable ETF achievements, Bitcoin has set another significant record. The open positions for Bitcoin reached an all-time high of $37 billion, shattering previous records in BTC futures positions.

These consecutive records for Bitcoin reflect a prevailing positive outlook in the market, suggesting that BTC is poised to hit new peaks in the upcoming weeks.

Based on data from Coinglass, a staggering over $5 billion in open positions have been accumulated in Bitcoin since Monday. Simultaneously, the BTC price surged from $68,500 to $71,000 during this period.

In the realm of traditional finance, the renowned Chicago Mercantile Exchange (CME) held an $11 billion open position out of the total $37.7 billion, with Binance, a leading cryptocurrency exchange, closely following with $8 billion.

Analyzing the Long-Short positions ratio, the data indicates an increase from 0.94 on Thursday to exceeding 1 on Friday.

A ratio surpassing 1 signifies that long positions surpass short positions, underscoring the positive market sentiment towards Bitcoin. Conversely, a ratio below 1 denotes prevalent negative sentiment regarding Bitcoin.

Amidst widespread anticipation of BTC's further rise in the near future, Ruslan Lienka, a senior executive at the cryptocurrency exchange YouHodler, suggested the possibility of witnessing new all-time highs (ATHs) for BTC.

In a statement to Coindesk, Ruslan Lienka remarked, "Bitcoin may surpass the resistance levels within the $71,000-$73,000 range and set fresh ATHs in the forthcoming weeks, fueled by optimism within the financial markets.

This optimistic outlook is influenced by the anticipated interest rate cuts in the US and Europe, encouraging the inflow of capital into risky assets.

Moreover, the heightened trading activity in meme stocks and undervalued stocks like GameStop signifies an increased appetite for riskier assets."