The exact timing is hard to predict, but I think it's likely. If you look to the left part of the chart, you'll see that margin shorts were at extreme highs just before bitcoin went from 6k to 8k. Then, as bitcoin continued to climb above 10k, the shorts dropped off even more.
The exact timing is hard to predict, but I think it's likely. If you look to the left part of the chart, you'll see that margin shorts were at extreme highs just before bitcoin went from 6k to 8k. Then, as bitcoin continued to climb above 10k, the shorts dropped off even more.