Bitfinex closed $BTC longs — local top?

93
This Bitfinex Bitcoin long positioning is worth monitoring.

Each marked price top aligns closely with a local peak or plateau in Bitfinex longs, followed by distribution or a pullback.

Currently, Bitfinex longs have again plateaued or declined, just as BTC is forming a potential local top.

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.