Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
This chart has some great info!
$BTC: Still waiting on that 30%+ pullback?
Bitcoin had eight 30%+ pullbacks last market uptrend but the average time between each pullback was 98 days
BTC had a serious 26.3% pullback on May 17th, which means the next major retrace could be a couple months away
https://twitter.com/Josh_Rager/status/1133371092175863808
$BTC: Still waiting on that 30%+ pullback?
Bitcoin had eight 30%+ pullbacks last market uptrend but the average time between each pullback was 98 days
BTC had a serious 26.3% pullback on May 17th, which means the next major retrace could be a couple months away
https://twitter.com/Josh_Rager/status/1133371092175863808
It had that pullback on bitstamp only. all the other exchanges were between 16 - 19% average of 17.5%
It only went that low on bitstamp because of the 4000 sell wall.
It's going to dump slow but steady soon ending at $2500 before the year is out imho.
I hope you didn't mortgage your home to fund your short position. There are way too many homeless folks already.
my home is quite safe.
and I don't think it's people going short that need to worry.
https://blockchainwhispers.com/bitmex-position-calculator/
Not sure where they source their data from but bitfinex has BTC32.200 over $280MM shorted
https://www.bitfinex.com/stats
it's from the BFX api, same as this site
https://datamish.com/d/000000004/btcusd?refresh=20s&orgId=1
the stats page on bitfinex doesn't seem to update, not sure if it's hourly, daily, weekly but the API is live afaik.