October 18, 2018

Bitcoin Traders Continue to Conflict With Each Other

Net-Short bitcoin Traders Decrease by 32.6%

bitcoin: Retail trader data shows 84.1% of traders are net-long with the ratio of traders long to short at 5.3 to 1. The number of traders net-long is 0.6% lower than yesterday and 6.8% higher from last week, while the number of traders net-short is 0.5% lower than yesterday and 32.6% lower from last week.

Be sure to check out our bitcoin Trading Guide if you’re new to cryptocurrencies!

bitcoin Displays No Clear Trading Signal

We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests Bitcoin prices may continue to fall. Positioning is less net-long than yesterday but more 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, 18 Oct 2018 16:00:00 +0000

You might be interested in …

April 19, 2017

Mnuchin Says Trump Is “Absolutely Not” Trying To Talk Down The Dollar

zerohedge.com / by Tyler Durden / Apr 19, 2017 6:04 AM

One week after Donald Trump, in an interview with the WSJ, sent the dollar tumbling in its biggest one day drop in months, Treasury Secretary Steven Mnuchin has been engaging in damage control with not one but two appearances in the FT, first stating that in the “long-run” a stronger dollar is beneficial for the US economy on Monday, and then again making headlines overnight when he said that Donald Trump is “absolutely not” trying to talk down the strength of the dollar, as stated again in the Financial Times on Wednesday.

As we noted at the time, Mnuchin first had played down Trump’s WSJ comment that the dollar was getting “too strong” in an interview first published late on Monday in the FT. Then, in a more detailed version published on Wednesday, he directly rejected the idea that Trump was trying to talk down the dollar, saying “Absolutely not, absolutely not.”

FT — You say you don’t intervene in foreign exchange markets, and yet some people in the markets took the president’s comments last week as him talking down . . .

January 18, 2019

Chinese gpu farm | Mining bitcoin [BTC] & ethereum

Chinese gpu farm | Mining bitcoin [BTC] & ethereum Farm for the mining of crypto-currency. Abandoned building, buzzing racks. Here do not care about the order or technical design. The main thing is the extraction […]

April 11, 2017

Re: Bitcoin debit card

Re: bitcoin debit card Advertised sites are not endorsed by the bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. JoshuaMayo1982 Newbie Offline Activity: 14 Do I a verified account […]