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peter-l
Feb 5, 2020 9:54 AM

Bitcoin is deeply divided  

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Before the market all the way up to more than 9000 dollars,and then began to swing across the board, this stage, the market has a great divergence. Bulls, according to the "halving-bull" logic, think that this is the adjustment on the way up, and the pattern does look really good; the shorts seem to have little basis, but above bitmex, Bitcoin's perpetual contract positions reached more than $1 billion, in the past year, the position of more than $10, all resulting in a “car accident”, So in such a high position, I have to remind investors that the market is at a very risky stage, whether it is an up or down break-through, which could eventually lead to a space trend of more than 10%, either heaven or hell for contract participants. Therefore, I hope that everyone will grasp, if the level of ordinary people, it is recommended to keep a watch fultake, do not become people's cannon fodder.
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