CryptoQuantamental

CryptoQuantamental

The Tether discount has all but disappeared, with BITFINEX:BTCUSD pairing trading at only a .8% premium to Coinbase. The discount built up over about 15 days, leading to a blowout on on 10/15. From then the BTC/USD Finex premium has faded nearly daily through Halloween. Basically it nearly retraced the entire discount in the same 15 days that it took to build...

CryptoQuantamental

We are entering into an extreme dangerous zone for shorts. Whenever BTCUSDLONGS v SHORTS gets under 1 (more shorts than longs) the chance of a major short squeeze grows rapidly. When the ratio gets to between .6 to .8 the squeeze is virtually imminent, and it is often violent. We are currently at .62, which is effectively the all time low. The reason why this...