Brainstorming
This is a back-of-the-envelop analysis of the correlation between Bitfinex margin long positions and BTC price. My intuition is that a more disciplined analysis of Bitfinex margin positions, crypto exchange flows, margin funding rates, and changes in something like the SPY ETF could yield a predictive model.
There appears to be some relationship...
(just brainstorming)
BTC looks like it is still heading for some more price correction
I am expecting and planning for rapid price movement until the end of March
One thing is for certain,
The price will change!
Stay safe out there everyone~
