Short vs long Bitcoin

in #crypto6 years ago

What happened last week with Bitcoin? I have looked at the the volume for shorts vs longs. The strong increase in BTC shorts could have helped triggering the fall of the bitcoin price. The feed for a rallye did not happen - so far.

LS 1 11-9-18.jpg

The ratio long/short shows the relative strenght of the market. With a low value the market sentiment is bearish, with a high value the sentiment is bullish. Values around 0,7-1,0 are pretty low compared to the year-to-date values around 2,0 or more.

LS 2 11-9-18.jpg

Sort:  

Congratulations @chillingbee! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 1 year!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.24
TRX 0.19
JST 0.035
BTC 92183.93
ETH 3313.90
USDT 1.00
SBD 3.75