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.
I putted some circles around areas that Bitcoin shorts and longs ratio come to a point that make a unbalance force between bulls and bears.
as you know market is the power translation of supply and demand or simply buyer and seller. any other fundamental data is being translated to these two things.
people have two options to buy or to sell! we either!
when these...
bitfinex reports overlapping 67% shors decreases ironically alongside downside moves in price. ive been saying this is a manipulated market since parabolic uptrend... bitfinex and tether are the ones doing it.
Interesting note, the number of short positions on Bitcoin has just dropped dramatically (60% at press time), this is undoubtedly going to be people who shorted Bitcoin during the run, closing their positions now that Bitcoin has dropped so sharply.
What this could potentially mean, near-term at least, is that these formerly short positioned traders could look...
Les shorts sur Bitfinex sont une nouvelle fois en forte baisse aujourd'hui !
Difficile d'en tirer de véritables conclusions mais à surveiller pour les jours a venir
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
