83,000 BSV Coins are being Shorted.
In May 2019 BTC Shorts exited their position on 32,000 Coins Causing BTC Price to Soar +167% in 2 Months.
Only 2000 BTC Coins Remain shorted to this day. See Charts Below.
BSV has 2.5 Times More Coins Shorted than BTC ever had Which Leads me to believe
We can Expect a 200-400% Price increase For BSV When the Shorts Choose to cover or they get liquidated.
That will put BSV anywhere from $600-$1000
What will it take for the Shorts to Cover or liquidated?
Just like any other Highly Shorted Stock like GameStop, AMC and Silver, With enough Volume We can see a Short Squeezes of +2000% increase! (i.e. $GME $13 - $460)
I can't upload the screenshots of the BTC charts on Trading-view but here is a link to Pictures of the BTC Shorts vs BTC price. stocktwits.com/Timek...89/message/303571940
Why is BSV different than other coins?
BSV Just Broke the Block Size World Record by producing a 638 MB Block on 3/14/2021
Meanwhile BTC is limited to a 1 MB Block Size that can never Scale, BTC won't be Any use as the world Moves faster into a Digital Age that requires Sending and managing Large amounts of Information Efficiently while being Cost Effective.
If any other Coin Attempted to Produce a 638 MB Block There Entire System would Fail and the Price would Collapse.
In May 2019 BTC Shorts exited their position on 32,000 Coins Causing BTC Price to Soar +167% in 2 Months.
Only 2000 BTC Coins Remain shorted to this day. See Charts Below.
BSV has 2.5 Times More Coins Shorted than BTC ever had Which Leads me to believe
We can Expect a 200-400% Price increase For BSV When the Shorts Choose to cover or they get liquidated.
That will put BSV anywhere from $600-$1000
What will it take for the Shorts to Cover or liquidated?
Just like any other Highly Shorted Stock like GameStop, AMC and Silver, With enough Volume We can see a Short Squeezes of +2000% increase! (i.e. $GME $13 - $460)
I can't upload the screenshots of the BTC charts on Trading-view but here is a link to Pictures of the BTC Shorts vs BTC price. stocktwits.com/Timek...89/message/303571940
Why is BSV different than other coins?
BSV Just Broke the Block Size World Record by producing a 638 MB Block on 3/14/2021
Meanwhile BTC is limited to a 1 MB Block Size that can never Scale, BTC won't be Any use as the world Moves faster into a Digital Age that requires Sending and managing Large amounts of Information Efficiently while being Cost Effective.
If any other Coin Attempted to Produce a 638 MB Block There Entire System would Fail and the Price would Collapse.
