{"id":127310,"date":"2018-05-19T16:53:08","date_gmt":"2018-05-19T20:53:08","guid":{"rendered":"http:\/\/countingpips.com\/?p=126942"},"modified":"2018-05-19T16:53:08","modified_gmt":"2018-05-19T20:53:08","slug":"bitcoin-speculators-increased-bearish-net-positions-for-2nd-week-2","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/05\/bitcoin-speculators-increased-bearish-net-positions-for-2nd-week-2\/","title":{"rendered":"Bitcoin Speculators increased bearish net positions for 2nd week"},"content":{"rendered":"<div id=\"inves-3344749191\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">May 19, 2018<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>By CountingPips.com<\/strong> &#8211; <a href=\"http:\/\/countingpips.net\/forms\/subscribe-to-our-weekly-cot-report\/\"><strong>Receive our weekly COT Reports by Email<\/strong><\/a><\/p>\n<p><a href=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2018\/05\/XBT_Specs_Small.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-126953\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2018\/05\/XBT_Specs_Small.png\" alt=\"\" width=\"600\" height=\"300\" \/><\/a><\/p>\n<p><b>Bitcoin Non-Commercial Speculator Positions:<\/b><\/p>\n<p>Large cryptocurrency speculators raised their bearish net positions in the Bitcoin futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.<\/p>\n<p>The non-commercial futures contracts of Bitcoin futures, traded by large speculators and hedge funds, totaled a net position of -1,874 contracts in the data reported through Tuesday May 15th. This was a weekly decrease of -239 contracts from the previous week which had a total of -1,635 net contracts.<\/p>\n<p>Speculative positions are now at the most bearish level over the last four weeks.<\/p>\n<p>Small traders, meanwhile, raised their existing bullish positions this week by an equally offsetting 239 contracts to the current level of 1,874 net contracts.<\/p><div id=\"inves-3947936475\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p><a href=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2018\/05\/XBT_CountingPips-2.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-126952\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2018\/05\/XBT_CountingPips-2.png\" alt=\"\" width=\"652\" height=\"378\" \/><\/a><\/p>\n<p><strong>Bitcoin Futures COT Data: Speculators vs Small Traders<\/strong><\/p>\n<p>The Bitcoin futures data is in its twenty-second week since the beginning of the cryptocurrency futures data on December 19th. The data includes trader classifications of only speculators and small traders and without commercial traders (typically business hedgers or producers of a commodity).<\/p>\n<p>Speculators have been on bearish side since the beginning of the bitcoin data releases while the small traders remain on the bullish side of this market.<\/p>\n<p><b>Bitcoin per USD:<\/b><\/p>\n<p>Over the same weekly reporting time-frame, from Tuesday to Tuesday, the Bitcoin Cryptocurrency Futures closed at approximately $8496.18 which was a fall of $-686.56 from the previous close of $9182.74, according to unofficial market data.<\/p>\n<blockquote><p><strong>*COT Report:<\/strong> The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers &amp; traders for business purposes) were positioned in the futures markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders\/speculators). Find CFTC criteria here: (http:\/\/www.cftc.gov\/MarketReports\/CommitmentsofTraders\/ExplanatoryNotes\/index.htm).<\/p><\/blockquote>\n<p>Article <strong>By CountingPips.com<\/strong> &#8211; <a href=\"http:\/\/countingpips.net\/forms\/subscribe-to-our-weekly-cot-report\/\"><strong>Receive our weekly COT Reports by Email<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By CountingPips.com &#8211; Receive our weekly COT Reports by Email Bitcoin Non-Commercial Speculator Positions: Large cryptocurrency speculators raised their bearish net positions in the Bitcoin futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. The non-commercial futures contracts of Bitcoin futures, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-127310","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/127310","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=127310"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/127310\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=127310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=127310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=127310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}