Bulls_action_trading

Bitcoin vs btc longs

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FTX:BTCUSD   比特币
Bitcoin vs BTCUSDlongs

Lets check very interesting similarity.
During the summer 2021 we had a downtrend on BTC, but lonsg on Bitfinex were growing!

On Bitfinex are trading whales, the reason for the grow on btclonsgs is very simple.
Big players need some time for the entry to the market with big positions. They are accumulate positions for a long time.

Now we have a similar situation. Price on BTC is going down and longs are going up.

What is your opinion? Will bitcoin go up?

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