yo,
My Plan is a Swing Long on BTCUSDT until 28800. COT Data shows that Hedgefunds accumulating Longs.
Hedgefunds are currently (25% Long and 75% Short on BTC)
Long perecentage increased in the last 1,5 Months about 15%.
This tells me they have interest to clear out their Long Hedges to the upside before we will see price dropping even more to around 12,5K.
My Plan is a Swing Long on BTCUSDT until 28800. COT Data shows that Hedgefunds accumulating Longs.
Hedgefunds are currently (25% Long and 75% Short on BTC)
Long perecentage increased in the last 1,5 Months about 15%.
This tells me they have interest to clear out their Long Hedges to the upside before we will see price dropping even more to around 12,5K.