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RE: Bitcoin: EXPECT the UNEXPECTED
Where do you watch that COT report? Never heard of it.
Something I find very interesting is to check the total longs in bitcoin vs the total shorts.
You can't watch it overall but you can watch one of the biggest exchanges like Bitfinex. Ticker is: BTCUSDLONGS and BTCUSDSHORTS in tradingview.
I believe most alts are almost near the bottom. However, if BTC goes down, alts will follow so there is no point to start a position yet till BTC shows where is headed.
This is short term, of course. If you're willing to hold for months, right now is a great price to jump in most projects.
When the weekly COT report (comes out Fridays based on Tuesdays data, as I understand) shows something significant, one of my financial newsletters will include a particular sector, usually for Gold in an article. I tried to find the reports directly once, and it was very difficult. What I got was something that was difficult to understand at all. So my newsletters must take the data for the charts they show and put it into an easy to read chart. Here's an example from my Tradestops.com subscription last week.
I'll take a look and i will tell you what I see, okay? Thanks for the info and your daily support as always.