BTC Longs/Shorts (bitfinex)Hello guys
On this Chart, I look at the charts of long and shorts porisitons on the Bitfinex exchange.
We can see that a large number of short positions are now on the market, most of which should close when we are reached first resistance.
BTCUSDSHORTS
There are two reasons for closing the shorts:
The first one is closing short trades with a large upward movement.
The second is to close shorts if bitcoin drops and closing these orders with a profit.
BTCUSDLONG
We are at a historic low, even when we see a rise in Bitcoin
With my conviction that Bitcoin should be corrected down there and long positions will be recruited and they will increase in case of further Bitcoin movement down.
Of course, many may blame the fact that this is a bitfex exchange and there are many questions to this exchange.
To confirm, I give a link to the site with all orders for buying and selling.
vcdepth.io
