Shorts about to get squeezed on BTC

in GEMSlast month

Anyone looking to get short might want to think again

The current environment shows that short sellers are getting more aggressive with their positions.

This may sound like a bad thing, but more often than not when longs or shorts get aggressive, the market goes against them.

Sometimes hard.

As it stands right now, I wouldn't want to be getting short into this:

image.png

(Source: https://twitter.com/agent_smithyyy/status/1278328586995404801/photo/1)

We start moving up and they start covering.

I wouldn't be surprised if the are the fuel that gets us right back up near $10k in the coming week.

Sort:  

You too can be a crypto whale in 2020, get some Sharder in your bag, pump soon.
https://sharder.org

Coin Marketplace

STEEM 0.21
TRX 0.02
BTC 11665.50
ETH 387.04
SBD 1.04