This is insane, 3.26% of Open interest in Bitfinex exchange are shorting bitcoin right now. This is extremely low as you know it is a ratio. It can not go below zero it can just be near zero. This is -in my opinion; an indication of extreme optimisim and will probably result in a powerful long squeez. To get this chart use this.
Accept crypto payments with Bitfinex Pay. Learn more. Bitfinex Pulse. #USDt Margin Lending: . Chart BTC / USD. Show liquidations. Positions (0) No elements to show .
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Bitcoin Falling Wedge!! Bitcoins still struggling to break up to create a higher high and that may be due to the fact that we have a very obvious falling wedge pattern playing out, price action has respected both levels very strongly and we are seeing that currently with our daily candle getting what looks like a bounce off the top of the wedge .
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