Bitcoin

BTC: margin short interest too low for a bounce?

163
The indicator developed by DanielCal showing the margin shorts and longs at Bitfinex. As can be seen, the history of data indicate that we need a “short overweight” or at least equilibrium for a proper bounce. The April bounce attracted more shorts by stumbling sideways. Let’s see..
Caution: the TV time series on shorts and longs at BFX is pretty limited.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.