Inverse correlation between spent outputs and longs

BTCUSD LongsBitfinex

Description

⋅ Oct 8, 2022 6:23 AM

Dang, that's a lot of longs underwater.
A lot of buying in this range.
I feel a mass liquidation coming on soon.

Correlation between BTC Longs and BTC:USD.

Comment

⋅ Oct 19, 2022 1:30 AM

Net Realised Loss made a new low. And is that Longs rolling over?

Trend Analysis

Comments

SwallowPremium

⋅ Oct 8, 2022 8:46 PM

Very nice work, I also have the same opinion)!