sotarules

BTCUSD Bitfinex Longs vs Shorts

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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Simply shows BTC/USD on Bitfinex overlaying short and long interest on the same chart. Very powerful leading indicators.
Where can I see that graph? Is it a graph of the number of people shorting on bitfinex v the number of people buying bitcoin to sell higher?
+5 Reply
i meant does it show the amount of shorts and longs or the BTC volume for each? Thanks
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Hi, great chart. Does it show the amount of shorts or the BTC volume?
+3 Reply
thx mate, looks very interesting but I'm finding it a bit confusing, could someone please help explain this chart? like why the longs are increasing and shorts decreasing around Feb 4th but the price is decreasing
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NoviceUnicorn Moondogau
@Moondogau, Theoretically every transaction has a buyer and a seller on either side but when the price drops it means that buyers are willing to WAIT for a price decline and sellers are EAGER to get out by dropping the price.
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Something really cool looking about your chart....it’s frameable man.
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this chart shows, how important is 8k right now.
+1 Reply
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