bitcoin Net-Long to Net-Short Exposure Nears 5:1 Respectively
bitcoin: Retail trader data shows 82.6% of traders are net-long with the ratio of traders long to short at 4.76 to 1. The number of traders net-long is 0.7% higher than yesterday and 2.9% lower from last week, while the number of traders net-short is 2.7% lower than yesterday and 0.5% lower from last week.
Be sure to check out our Trading Guide if you’re new to cryptocurrencies!
bitcoin Trades With a Mixed Bias
We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests prices may continue to fall. Positioning is more net-long than yesterday but less net-long from last week. The combination of current sentiment and recent changes gives us a further mixed bitcoin trading bias.
— Written by Jack Schwarze, DailyFX Research
Published at Thu, 01 Nov 2018 16:00:00 +0000
![An open letter to the blockade games community [founder’s sale]](https://ohiobitcoin.com/storage/2019/03/xm6gfU.gif "An open letter to the blockade games community [founder’s sale]")
