Alright, so basically, this chart is showing BTC futures price action along with COT (Commitments of Traders) data, which tells us how big players like fund managers are positioned.
What’s Going On?
BTC Price Action (Candlesticks at the top)
BTC has been in a strong uptrend, making higher highs.
There are two key points where fund managers were loading up on longs (expecting price to go up).
Right after both points, BTC ripped higher.
COT Data (The lines below the chart)
This tracks how different types of traders are positioned in the futures market.
Fund managers (big institutional players) were super long at both points marked.
These guys don’t mess around with short-term trades. They position big when they expect a massive move up.
Why This Is Bullish AF
Institutions don’t throw money around for no reason. When they load up on longs, it means they’re confident BTC is gonna pump.
They have access to better research, inside info, and way more capital than retail traders.
Both times they went heavy long, BTC skyrocketed shortly after
TL;DR:
Big money is betting hard on BTC going up, just like they did before previous pumps. If history repeats, this could mean another huge leg up is coming.
What’s Going On?
BTC Price Action (Candlesticks at the top)
BTC has been in a strong uptrend, making higher highs.
There are two key points where fund managers were loading up on longs (expecting price to go up).
Right after both points, BTC ripped higher.
COT Data (The lines below the chart)
This tracks how different types of traders are positioned in the futures market.
Fund managers (big institutional players) were super long at both points marked.
These guys don’t mess around with short-term trades. They position big when they expect a massive move up.
Why This Is Bullish AF
Institutions don’t throw money around for no reason. When they load up on longs, it means they’re confident BTC is gonna pump.
They have access to better research, inside info, and way more capital than retail traders.
Both times they went heavy long, BTC skyrocketed shortly after
TL;DR:
Big money is betting hard on BTC going up, just like they did before previous pumps. If history repeats, this could mean another huge leg up is coming.
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.
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.