BTCUSDSHORTS plots the number of outstanding BTCUSD short contracts.
Here is shown the comparison of these shorts to bitcoin.
As you can see, the number of short contracts, plotted in red, is reaching the upper levels.
BTCUSDSHORTS is a contrarian indicator. When the level is high after a bitcoin selloff, bitcoin is likely to rally.
Here is shown the comparison of these shorts to bitcoin.
As you can see, the number of short contracts, plotted in red, is reaching the upper levels.
BTCUSDSHORTS is a contrarian indicator. When the level is high after a bitcoin selloff, bitcoin is likely to rally.
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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.