What's up traders and bitcoin hodlers!
Been following this guy where he covers BTC futures and recently he talked about CME Group scaling out of their massive long position. He uses sentiment analysis that compares institutional vs retail positioning in the market. I did some more research and CME group has been pretty good with their calls on BTC. I've timestamped his segment that explains it in more detail [https://youtu.be/1A4diP5QSfc?t=479](https://youtu.be/1A4diP5QSfc?t=479)
Interested to know what you guys think about this? Are we due for a correction to the downside?
No Asset Follows Trend Better than Bitcoin.The 2016/2017 Bull Market Mania:On 10/13/2015, Bitcoin closed above its 200 dma & did not close under the 200 dma until 2/5/2018: 846 days of maintaining...