One more thing: I’ve always paid close attention to what institutions are doing. After all, their positions are large, so their moves often provide a more useful indication of market direction.
I just saw this: “Analysis: Net outflows from Bitcoin exchanges have fallen to 1,500 BTC per day, while long and short positions in the current futures market are moving toward equilibrium.”
It looks like some big players are reducing their positions, so I’ll be a bit more cautious.
$BTC What do you think?
I just saw this: “Analysis: Net outflows from Bitcoin exchanges have fallen to 1,500 BTC per day, while long and short positions in the current futures market are moving toward equilibrium.”
It looks like some big players are reducing their positions, so I’ll be a bit more cautious.
$BTC What do you think?