Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Hah Bitfinex traders getting fucked up again 
You know what is the fastest way to get out you money...
7k bid on OKcoin!
Outwith Dec 2015, Shorts on BFX have never been so low in over a year.
Longs are also relatively low, but you would have to go all the way back to March 2015 to find a period where long positions on BFX were comfortably lower than they currently are.
But probs we need to be looking at CNY markets to get a better picture of this, as it is China that is driving BTC at the time being.
But they are at the highest level since 390$!
You know what is the fastest way to get out you money...7k bid on OKcoin!
Shorts are up 3.5k since the top. Longs at 22mil$.
Outwith Dec 2015, Shorts on BFX have never been so low in over a year.
Longs are also relatively low, but you would have to go all the way back to March 2015 to find a period where long positions on BFX were comfortably lower than they currently are.
But probs we need to be looking at CNY markets to get a better picture of this, as it is China that is driving BTC at the time being.
But they are at the highest level since 390$!