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Bitcoinist
2018-08-14 19:00:51

Bitcoin Price LIVE: Mounting Bitcoin Shorts Precarious for the Bears

Bearish Sentiment as derived from Bitfinex long and short position data in the Bitcoin market has rapidly advanced in the past week two weeks, with Short positions at the exchange doubling from 17k short to 34k in the price decline from $7,500 to $5,900, showing no immediate sign of slowing. At the same time, long positions have decreased to lows of 26k, meaning that the bears are outweighing the bulls by 30%. Bears Need NewRead MoreThe post Bitcoin Price LIVE: Mounting Bitcoin Shorts Precarious for the Bears appeared first on Bitcoinist.com.


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