Bitcoin Fractals and Bearish Divergences

OKCOIN:BTCCNY   Bitcoin / Chinese Yuan
Okcoin's quarterly futures has been quite bearish and the premium hasn't recovered after each dump despite the spot price recovering and rising.

It's premium is actually now lower than that when the new quarterlies was opened.

This is something worth noticing despite numerous good news which includes:
1. Segwit (which might never get activated due to BU hash)
2. Yuan devaluation (which is bullish for BTC             . but hasn't prove to be so this time)

My current sentiment is neutral to bearish .
I would have been full bearish if it wasn't for the 2 points above.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out