Crypto Stats: BTC/USD Longs vs Shorts & the battle for dominance

in #bitcoin • 6 years ago

Despite Bitcoin holding above the 6000$ level, the BTC/USD LONGS continue to drop, whilst the BTC/USD SHORTS are rising heavy. This is a sign that a good part of the traders believe that BTC will take a fall again.

LONGS VS SHORTS comparison

Click here to enlarge the image

LONGS vs SHORTS.png

Bitcoin gave the altcoins some space to breathe this week (BTC's dominance dropped from Tuesday till Saturday for 7%), but now it looks like Bitcoin resumed the race towards +60% market dominance and gained since yesterday already 2%, in comparison to the rest of the market.

The dominance battle

Click here to enlarge the image

bitcoin dominance.png

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These are some of the exchanges I use:

(you can support my work by registering via these links)

  • Bitfinex - my most used exchange
  • Binance - most popular exchange
  • Kucoin - excellent exchange, rising in popularity
  • Gate - for small cap / new coins
  • Huobi - margin trading

ALWAYS CREATE A DIFFERENT PASSWORD FOR EACH EXCHANGE!
NEVER HAVE THE SAME PASSWORD TWICE!
SAVE THE PAGES TO YOUR BOOKMARKS, SO THAT YOU WON'T CLICK ON SCAM SITES! MANY GOT FOOLED AND LOST A LOT OF MONEY!

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Thanks for reading and safe trading!✌

If you find this post useful please:

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#cryptocurrency #money #blockchain #steemit
6 years ago in #bitcoin by
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     6 years ago 

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