This is amazing....we had a MASSIVE build up in longs and a massive bull run, so massive that we are now $20 lower in price than Oct. The last time bulls were at this ratio was Sept 1....after which BTC fell off a freaking cliff. But this time it's different right?
Jokes aside... what would cause massive bullish positioning with very weak price action? Are longs about to get massacred like Sept 4??
jonnyquest
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bro this is looking spot on. well done
Unicorn1
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Teebaum, awesome chart, but where can i find that fbb indicator ?
teebaum
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@Unicorn1, which indicator do you want? I have custom ones ;)
teebaum
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@teebaum, FBB indicator is not used here. the yellow lines are drawn by myself
Jokes aside... what would cause massive bullish positioning with very weak price action? Are longs about to get massacred like Sept 4??