ROYAL_OAK_INC

$BTC still range bound BUT shorts begin to pile

CME_DL:BTC1!   Bitcoin CME Futures
GOOD MORNING!

BTC is maintaining its trend very nicely.
The RSI is still range bound.

1Hr #BTC does not show anything out of the ordinary.

What is out of the ordinary are the increase in shorts lately.
HOWEVER.......
They're nowhere near the nose bleed levels from earlier in the year and at the end of last year.

#Bitcoin moving higher could very well FORCE a nice pump.

#crypto

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