How does smart money work? How does smart money work? You are deceived because you are stupid.
Longs on Bitfinex are growing, while Bitcoin is falling endlessly. They buy your savings and failed long positions for pennies. You trade x20, they trade x3. You can't wait a month for a 100% profit with x3 leverage, they can wait a year for a 50% profit. This is the difference that ordinary traders cannot understand. They dream of turning $100 into a million, but they don't realize that it's almost impossible. Exaggerated risk only seems like a chance, in fact, it kills your opportunities as soon as you take this risk.
I trade only by algorithms and no more than x5. Think about it!
BTCUSDLONGS trade ideas
BTC long liquidation scenarioBitfinex's long volume has reached an unmanageable state.
Whether the BTC price rises or falls, the above volumes will have to be sorted out.
Liquidation as the price of BTC rises will be positive for the market,
but If it is sorted out along with the BTC price drop, it would be hell.
BITCOIN: LONGS ON BITFINEXHi guys, here some clear explanation abount BtcUsd Longs on Bitfinex.
As you know, Bitfinex is a big exchange since 2013, and whales prefer trade Btc here compared to other exchange.
Looking ad this chart is obvious that when BtcUsd Longs ratio rise, the Btc price fall, and when fall the price rise.
Until here is all clear but, don't forget that is not a magic formula because, as happened on 2019-2020, we have seen a double top before a fall in the ratio, and this is probably a huge doubt in the market now , because can create a bull trap before a final leg down on the price.
So, don't follow gurus as if you were blind, because the ratio alone don't move the price.
It's noteworth to see a ratio rise again in this way...wow, but this will be the next big bull run or a mega bull trap?
REAL ALT SEASON Around the Corner, but first BTCThis is the BTC USD LONGS Open Interest Chart, you cannot trade it but it can act as an indicator to your overall thesis on the market.
It shows where Bitcoin has bottomed in the past, had its runs, and where ALTS tend to flourish (once BTC peaks, $ flows to ALTS)
Use it as info to support/counter your thesis, not as a trading tool.
My opinion is that we will eventually peak, LONGS will dump, meaning BTC price will pump.
Thoughts for now! Stay frosty friends.
Vatsik
BTCUSD Bitcoin Bitfinex Leveraged Longs Hit Extreme Levels Hi everyone
Bitfinex Longs have hit extreme levels never before seen.
Right before the previous crash Binance Leverage Longs hit these levels and they all lost moneys.
Right now 95% of these Leveraged Longs on Bitfinex are in the RED. They are losing already.
Keep the Bitcoin Price under this level for maximum gainz
BTC FINEX LONGSpumping like crazy...
either finex whales know whats up or theyre all about to get humbled due to a crowded trade
btcdominance looks like the dxy did before its last gasp push
could indicate another capitulation event coming for btc and crypto market in general
but btc needs a strong weekly candle to remain bullish on the monthly chart
itll be interesting to see how it plays out..
The curious case of a massive Bull Rally in all marketsThis is not a crypto analysis , I have more holdings in stock market than in crypto so that's what I care about.
But the curious case here is the situation in BTC long contracts.
It's at a historical high , so high that the indicators at the bottom have no place to go anymore and they are all signaling a downturn in these long contracts.
SO why does this matter?
Because since July 2021 the BTC market is almost 1:1 correlated with stock market.
That is because with mining power leaving China the crypto domination now are in the hands of the USA or Wall Street to a certain degree. The biggest investors of crypto are big funds and VCs in the US and they are dictating the price.
And since then, this particular BTC Long contract chart is in a negative correlation with the stock market.
As we have come to an end in this massive rise in long contracts what will happen next is a big upwards move in BTC, SPX and NDX.
At this point no rhetoric about recession, interest rates, war, uncertainty etc. won't matter.
This is like seasons, spring will come no matter what.
And here it is!
$BTC LONGS POSITIONS This is the only chart that keep me Bullish ASF
The last time we have and ATH the Longs positions are marked in the chart.
Now we have a huge spike in longs positions.
They know something that we dont?
Time will tell, for now, im acummulating every coin that i can, preparation is everything.
Have a good week
BTC longs breaks out ATH and surpasses it by a 40%Possible massive longs liquidation, this might not be the bottom. Always use stop loss and be safe.
A this moment you can think ohh btc is so cheap im going to get a bag, i will be a hero, i will catch the bottom.
But witch bottom? the 39k, the 35k one or may be the 29k one, is the last one a broken support? It's true that btc is really cheap and i don't encourage you to avoid buying but is recommended to wait for a confirmation first.
If i open a short now i may short the bottom or i may short one of the bottoms and buy back at 19k.
Conclusion:
Taking in to account that the 95% of the traders losses money, when i see the btc longs surpassing by a 40% the all time high and the USDX too breaking out i would
expect btc to keep falling.
Sometimes the price is going down because the people is selling and sometimes because longs are being liquidated
This is not a financial advice, only my speculations.
Buy and you may catch the bottom i will be happy if you are successful and make profit i only share a possibility.
Bitcoin LONG vs SHORT! THIS COULD BE ITHey there,
tin this chart we can see, that when longs and short both decreased a short term uptrend was the result.
We can see it in the rectangles in the purple areas.
The white line is BTC. The red line are the shorts to visualize it more visually.
The verticals show the points when btc longs AND shorts both fall down- this happened 3 times.
Stochastic & normal RSI are at an oversold level, this is a bullish indicator as well!
Anyway, I hope you enjoy this observation and it feeds your technicals analysis with more data.
Have a nice day,
Have a nice day,
Roman
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Btc Long positionsit seems bitcoin is just accumulating regardless of daily price volatility,
long positions is keep increasing and $32k is currently acting as a big support
for bitcoin daily range, lets see soon how price will go,
right now im looking at bitcoin $50k - $51k as a major resistance, minor resistance
is around $40k - $41k if we cross above this levels were going to see bitcoin
as a new hedge in inflations were both gold and bitcoin will just go high on the same
trend.
Longs vs. Shorts, Important support level soon, will it hold?I've been studying Long/Short for guidance on where (or if) Bitcoin will rebound.
The following is my opinion based on what I perceive. I welcome contrary, corrective and constructive points of view. None of this is financial advice.
At this time there is an obvious bias towards the shorts. We should have confirmation as soon as Jan 11.
In summer 2021 when we turned our bias more towards short positions, long positions declined as sentiment pivoted that direction. Interestingly, there was not an immediate shift towards short positions as the market attempted to determine which direction the market was headed. The bottom was accented by a spike in short positions.
This past summer we broke through an upper support level, touched the bottom upward trendline and bounced back up. If we do not do so here, then likely we will see a further capitulation.