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D7R
Nov 30, 2020 11:27 PM

Why Bitcoin ATH is once again looking dangerous for longs 

Bitcoin / U.S. dollarBitstamp

Description

Following my previous video regarding funding rates and perpetual swaps vs spot we are back at it again.

Bitcoin is once again suggesting that swaps are way too aggressively long at the top pushing funding rates into high premiums rates in some exchanges.

I do not think that shorting bitcoin against weekly and monthly uptrends trends is good idea but there is defiantly great trades that can be now done on the intraday WHILE funding rates and perp/spot basis keep trading at significant premiums.
Comments
cormacpara
Please make an other analysis!! I loved your stuff!
gson
solid analysis.
cormacpara
By the way I think this is such an amazing chart perspective - Is there any way to share this for future? I could understand the amount of work that must have gone into it!
D7R
@cormacpara, indeed. It's different way to look into this and we actually ended up crashing
cormacpara
very cool analysis - I love that you included the perpetuals
D7R
@cormacpara, great. thanks
oktaymar
Thank you very much. The video is very informative.
D7R
@oktaymar, thanks
ankhramsiswmriimn
Sotaque tuga puro ;D
D7R
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