another 100k longs exited
makes 220k in an hour
But nothing happened, is there a delay in the process? I'm not sure how quickly the data updates on www.bfxdata.com but the price has since gone down from 246. Better to unload slow rather than all at once.
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another 100k longs exited
makes 220k in an hour
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Red Dildo incoming
Why? What are you trying to do? What do you mean?
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looks like 122k of longs just exited
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Who knows if a bull run kicks in, I think BTC is pretty beat up right now, and I can see it really picking up from these levels sharpish....
Lots of good reasons to be buying BTC at the moment...
Will be interesting Thousands of shorts opened up on futures
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Current market conditions are a bit alarming to me.
A lot of shorts have been closed, but there is plenty now available to short.
Using that logic: The employment market is alarming. A lot of people have been hired, but that means more people could lose their jobs. Probably means that there is less chance of a short squeeze at these low depths. And it's more likely that they'll re-load their short positions on any signs of strength. I don't think there is any chance of a short squeeze around these levels at all. If anything I do agree with what you mentioned about reloading. If we break up into the 240's-250 thats when we will start to see some action. If anything I think longs are being slightly squeezed atm..Some more than others. Quite a bit of longs opened up at 250+ just 2 days ago, but there have been a few riding this down
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Current market conditions are a bit alarming to me.
A lot of shorts have been closed, but there is plenty now available to short.
Using that logic: The employment market is alarming. A lot of people have been hired, but that means more people could lose their jobs. Im trying to analyze the market from both ends. What has me worried is the amount of swaps available. I play the market both short term day trading and long term and long term I don't care. The short term is what I am cautious about and with what I see it just means ill stay on the sidelines till a move occurs.
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Stay tuned folks are there any graphs, which correlate the price with those shorts/longs over time?
http://www.bfxdata.com/USD swaps are slowly going up as well
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Current market conditions are a bit alarming to me.
A lot of shorts have been closed, but there is plenty now available to short.
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Down to 14.6k shorts now
Interesting
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Yeah something is up... If a hack is underway or they did get hacked it's gonna get ugly
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If you seriously think there's room above $250 you lost it... Just look at the failed fundamentals and collapsing market. We will fall right back where we were just before this pump, probably much lower. Current price still includes the illusion of getting rich quick with values of 50.000+, wallstreet fantasy ETF, the lie that bitcoin is scalable or even workable..
LOL Still laughing? I rest my case. Again, it took 4 times more volume to get to 260 than it took to go back to 230. This only shows there is no way up. HUGE gap at the SAR indicator right now, so i guess we will be a day late to drop below $200 as i predicted earlier. Quoted 48 hours from your post, fair?
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nice bid wall @233 on finex
It's gone
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Support and 228-230 is unbreakable
I agree, bitcoin is lookin unbelievably strong today again. The price really looks sustainable.. I think 240 is possible pretty soon
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Support and 228-230 is unbreakable
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USD swaps on bitfinex going up again.
doesnt matter - short squeeze coming soon.
My screenshot @ 11am had the rate at .030000%' now it's .080000%
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USD swaps on bitfinex going up again.
doesnt matter - short squeeze coming soon.
Says the bear no, just saying. did you buy this small correction? Short since 254. Not sure when to close
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