How Institutions Position Themselves In Bitcoin This Week
For Bitcoins, the latest COT as of Tuesday, Feb 20, 2018, institutions stayed net short bitcoins but decreased bearish bets by 267 bitcoins to net negative 1,608 bitcoins,
So far in Feb, each week net change was positive for Bitcoins
865 long positions were added and 598 short positions were added as well, Now Longs total 3,630 bitcoins vs shorts total 5,238 bitcoins .
41% long exposure vs 59% short exposure , Longs added 4% and shorts dropped 4% from the previous week
Bitcoin future exchange started 2 month ago, there were not enough data to analyze institutions bias
In short term, even though institutions are net short on bitcoins. I see they are adding more longs than shorts in the recent weeks
Please note institutions take weeks and months to build a position in the cryptocurrency market. This is just the beginning. We will gather more information with time
Oh institutional tricks most likely not good for bitcoin
Institutions are the ones who run the market. Soon I see they are net long bitcoins, I will buy more and hold it for a long ride...
Not much track record. I guess as time goes on the futures may take out volatility.
Thank you Gator! I think you upvote worth more now..
Great !
Thank you for sharing !