Bitcoin Margin Long-Short Ratio (BMLS)

Today we launched a new index: Bitcoin Margin Long-Short ratio (BMLS)

BMLS is designed by Longmen Fund and implemented by GBI team.

The index could be calculated as follow:

BMLS = 
  \frac{ Bitfinex\ Bitcoin Long Margin}{ Bitfinex\ Bitcoin Short Margin} 
  \times 100

The index is affected by requirement of Bitcoin long and short orders. It can be used as a market sentiment indicator. When the indicator is below 100%, it means bearish sentiment, and vice versa.

Visit GBI.news for more information.