For Bitcoins, the latest COT as of Tuesday, Apr 17, 2018, institutions stay net short bitcoins and increased bearish bets by 162 bitcoins to net negative 1,883 bitcoins,

359 longs were closed and 197 shorts were closed as well, Now Longs total 3,409 bitcoins vs shorts total 5,292 bitcoins .

39% long exposure vs 61% short exposure , Longs dropped 2% and shorts added 2% from the previous week

This week Bitcoin started at 6,782 on 4/10, hit low at 6,653, then rallied up to 8,417 high on 4/15, closed at 7,890 on 4/17

# Bearish bias remains...

Please note institutions take weeks and months to build a position. Bitcoin future exchange started a few months ago,
there were not enough data to analyze institutions long term view in crypto market.
![b.png](https://steemitimages.com/DQmZJt1ey3A9Bd46qZLf8L2aH4TyYujiDXp4akqCDdWmRcH/b.png)