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  1. Bitcoin on daily bearish breakdown

    by , 01-23-2018 at 11:57 AM
    Retail trader data shows 76.0% of traders are net-long with the ratio of traders long to short at 3.16 to 1. The number of traders net-long is 1.9% higher than yesterday and 5.3% higher from last week, while the number of traders net-short is 0.6% higher than yesterday and 21.9% higher from last week.

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    We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests Bitcoin prices may continue to fall. ...
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