Bitcoin Shorts Appear to hit new weekly high. Potential for Short Squeeze on the rise.

in #bitcoin • 6 years ago

BTC Shorts on the Rise

So this Short Squeeze suddenly got a lot more likely.

(Bright Yellow Line) BTC Shorts are currently at an all time weekly high. This is intraweek, but notable since if those people get liquidated, look what happened in April...

download.png https://www.tradingview.com/x/2A3T6RKq/

Daily BTC Shorts is nearing the previous high

download (1).png https://www.tradingview.com/x/xIDOxRXe/

#cryptocurrency #crypto #money #news
6 years ago in #bitcoin by
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     6 years ago  

    Are you sure of this

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     6 years ago  

    That is the Bitfinex BTC/USD vs Bitfinex BTC Shorts chart. So long as the charting data is correct, which I have no reason to suspect it is wrong, that appears to be accurate. By all means verify for yourself, don't trust me!