Bitcoin Shorts Increase, While Price Holds Firm 🐃

in #bitcoin • 6 years ago

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Hey guys,

I have some real life stuff to deal with at the moment so just a quick intro before I expand on it in a future post.

Take a look at the way that Bitcoin shorts are increasing, at the same time price is increasing:

411B0EB9-57F3-4EB6-B837-6FF145C687E8.png

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That is shorts being accumulated and trapped, destined to be liquidated as buy orders at a higher price.

Very bullish!

Peace ✌🏻.



@forexbrokr | Steemit Blog

Forex and Crypto Market Musings.

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Twitter: @forexbrokr
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#cryptocurrency #trading #news #teamaustralia
6 years ago in #bitcoin by
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     6 years ago 

    This could be just the kind of short squeeze needed to see BTC break resistance. Alternatively the shorts come out on top and we are back in the 6000s. Interesting to see how it plays out.

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       6 years ago 

      Are you playing it?

      Posted using Partiko iOS

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         6 years ago 

        No liquidity for me at the moment. Waiting on that end of month pay cheque haha.

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