Bitcoin, Incoming Short Squeeze

2018年8月14日

Short interest is growing parabolic, and Bitcoin's price isn't making lower lows,
While market dynamics mimic November 2017, in terms of Market Cap and BTC Dominance.

Historically, the last 3 times short sellers overtook longs in terms of %,
Bitcoin squeezed shorts, and went on a rally.

I believe history is about to repeat itself!

2018年8月18日

交易進行

Still Long from $6041
Hedged short today in the high $6500s

Intra-day I'm seeing an inverted ascending triangle, as well as a bull flag on.

2018年8月18日

註釋

Bear divs on the daily, BTCUSDSHORTS chart,
With a recent RSI Double top.
I'd like to see more shorts pile in to increase profitability of the incoming squeeze.

2018年8月21日

註釋

The Bear Trap is getting more and more real,
Market Makers painting intra-day bear flags to attract more and more shorts.
Bear flags highlighted with triangles,
Short reactions highlighted with circles