Bitcoin bookmakers : : weaken this bitcoin bookmakers!!!!

in #bitcoin3 years ago

Status of bitcoin non-commercial bookmakers:

According to the latest commitment of traders (COT) issued by the Commodity Futures Trading Commission (CFTC), large cryptocurrency speculators in the bidcoin futures markets this week have reduced their net recession.
Non-commercial futures contracts of bidakoin futures traded by big bookmakers and hedge funds, recorded the accuracy of 1,363 contracts in the data reported through Tuesday, July 31. This was a weekly increase of 48 contracts from last week, in which the total was 1,651 pure contracts.

a1.png

After two weeks of low recession, the contract of speculative slowdown has declined. The overall recession has remained above the -10000 net contract for the third week.

In the meantime, small traders have cut their existing enthusiastic positions evenly by offsetting -48 contracts at the current enthusiastic level of 1,651 pure contracts this week.

Bitcoin Futures :: COT Data: bookmakers versus small traders

Bitcoin futures data is in the third week since the beginning of Cryptocourrency futures data release on December 19. The data includes business classification of not only speculators and small traders, and commercial traders (usually business hedges or producers of a product).

Since the introduction of bitcoin data release, bookmakers have been on the downside to this market, while small traders have continued the Net Bullish situation.

Bitcoin as per USD :

From Tuesday to Tuesday, in the weekly reporting time-frame, Bitcoin Cryptocurrency futures closed at around $ 7710.1, according to informal market data, the loss of $ 5,547.54 was due to the previous closure of $ 8257.64

Sort:  

Your post was resteemed by @resteemza
Please upvote this reply to help us grow

Resteemza image small.jpg

Awesome content!
You got a Resteem and a 31.25% upvote from @cleansingpoetry courtesy of @deepakpathania!

Send 0.05 SBD / Steem to place your bid and get an Upvote and Resteem.

This service is provided by Steemit @poetsunited Community.

Delegate to this Bot to get a share from the daily profits.
To delegate use 50SP 100SP 250SP 500SP 1000SP

Your Post Had Been resteemed on @sam-resteem

resteem your steemit post using sam-resteem platform
--how it works:--
post your steemit as URL post following this link below
https://busy.org/@sam-resteem/resteem-your-content-26

Thanks for using sam-resteem platform
Follow @sam-resteem

Thanks for resteem

cool article, I'm now a follower
I've also resteemed this awesome content
I will be back o upvote once I've powered up again

Congratulations @deepakpathania! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of comments

Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word STOP

Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

Dailly Bitcoin price updates really help me to keep track on what happens in cryptocurrency markets. Thanks