Bitcoin - BTC (Leveraged Funds)

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Looking deeper at the Leveraged Funds and Asset Managers' last declaration of position.

Here's the LF's current situation - painted on a weekly chart & showing how the dip correlates with the price moves.

Are we institutionalized yet?

Be interesting to get comments and thoughts on this aspect. Do the big boys already have control & influence or is the market still in Game mode????

Just thought this aspect would be interesting to share!


Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
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Beyond Technical AnalysisBitcoin (Cryptocurrency)cryptoForexFundamental AnalysismayfairmoneyTrend Analysis

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