Tracking Bitfinex Margin Trades vs Bitcoin Price Action

Notice The Trend In BTC Price Movement When Shorts and Longs Overlapped.... Testing A Theory Not Sure of Accuracy..Backtracking Since Oct 17 It Has Been Consistent Thus Far.. If This Is Correct After Nov. 14th CBOE Futures...Bitcoin Should Pump If This Is Accurate We Short See $6,500 - $6,600 By End Of Week (Price Range based of RSI Havent Broken 62% Since Jul 18)

With The Exception Of Dec 17 and Feb 17 Due To Mt. Gox Sell-Off.

Sharp Drops In BTC Shorts (Yellow) - Contracts Liquidation Due to BTC Price Spike


I AM NOT AN EXPERT IN TECH ANALYSIS SO ANY CRITICISM IS APPRECIATED

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