Turco
Long

Bitfinex has reached RECORD open interest levels.

BITFINEX:BTCUSD   Bitcoin / Dollar
Please view the following chart: http://pasteboard.co/1n41ddKG.jpg

Today Bitfinex reached record open interest levels. We have overtaken the previous high set on 07/18/2014 by roughly $300,000. Clearly there is new money on the exchange, and speculating on Bitcoin price. Generally we should see a bigger move in either direction, however I personally am leaning more neutral / bullish in the short term.
wow, thx for the work to share this valuable chart! Would much appreciate updates of how it developes :)
+1 Reply
Turco BTC_Daily.Pips
And thank you for assisting me with this chart and the overall concept of "Open Interest".
+1 Reply
Thanks for this! Great work.
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Turco bbrox
Thank you sir.
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