Total leverage exposure is starting to reach towards lows which have been seen at each previous top preceding a dump in this market.
Longs have increased from 20k to 30k from $6k
Shorts are reaching the 20k lows which we have seen in advance of each previous dump
Conclusion – Retest of 3k coming.. eventually it will be but prly need to clean these longs out first.

Slight update on this one as its playing out as anticipated. It will start to look like a bottom when - c.15% of the current longs are blown up and return to 26k and - late shorts take us +40% to 36k. i.e. min 13k sells to go at finex IMO.
good investigation, thx.
Great job at showing the long and shorts. This is an analysis I've been looking for someone to do for a while! Great work. Here is our perspective on where we could see BTC going.
+1 Reply
filbfilb TradeIndicators
@TradeIndicators, thanks I’ll take a look
Thanks for the update. Great work.
+2 Reply
filbfilb Fifty-Satoshi
@Fifty-Satoshi, thanks for following!
+1 Reply
Also, you are absolutely right- looking at the BTC-Shorts chart if you look at the last two lows- August 1 and November 14, both resulted in MAJOR dumps- the trend-line that is now formed with those dates and where we are now cannot be ignored- I would not be going long right now!!
+2 Reply
ironflag jeremy.jacques79

Correct, I noticed that too
what does "eventually it will be but prly" mean buddy?
elpokor jeremy.jacques79
@jeremy.jacques79, "eventually, it will be put; but probably need to clean these longs out first."

at least that's how my brain read it lol
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