Right, I am figuring that Bear Whale must surely be off the mind, that he can now better deprive Bitcoiner's of their USD and BTC, by halting the Sell Pressure, and allowing the market to bounce back up a bit.
During that crash from $370, there were some net 8K worth of short positions opened up on BFX alone, that figure hasn't come down much either, from what I can see. Whilst I am sure that the smart traders are already out, as always, there will be a shit ton of momentum chasers about to see their positions durn a deep shade of red. There will also be plenty more looking to lock-in what for many, must be some dazzling profits.
In essence, I am counting on a rally based largely on exiting shorts, and longs chasing the momentum back up.
What I would like to know, is how do I tell from this website:
https://bfxdata.com/swaphistory/btcHow many shorts are exiting. The chart, Vwar, I don't understand, although it seems to give you a report of the volume of opened short trades on each hour. I aint interested in them, I want a LIVE report of short's exiting positions.
Anyone know what to look for?
