Where can I see that graph? Is it a graph of the number of people shorting on bitfinex v the number of people buying bitcoin to sell higher?
patlagoon
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Hi, great chart. Does it show the amount of shorts or the BTC volume?
m4ayhem
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this chart shows, how important is 8k right now.
patlagoon
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i meant does it show the amount of shorts and longs or the BTC volume for each? Thanks
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Moondogau
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thx mate, looks very interesting but I'm finding it a bit confusing, could someone please help explain this chart? like why the longs are increasing and shorts decreasing around Feb 4th but the price is decreasing
NoviceUnicorn
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@Moondogau, Theoretically every transaction has a buyer and a seller on either side but when the price drops it means that buyers are willing to WAIT for a price decline and sellers are EAGER to get out by dropping the price.
Snacks
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Something really cool looking about your chart....it’s frameable man.