Bitcoin LONG (Shorts CRASHING 40%) $7000+ Next

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin shorts have fallen to their lowest level since July.

Shorts have also fallen below longs, a bearish crossover; this is a very interesting development.

Take a look at the chart above, the shorts are literally crashing, just another signal that confirms that the bottom is set and it is time for long.

Here is our LONG Bitcoin Trade:
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Comment: Shorts are now at their lowest since May:
Longs are starting to move up, very slowly though.

Comment: EMA50 is holding the price down as usual, but Bitcoin will move soon.

* Shorts continue dropping.
* Longs continue increasing.

Comment: Latest Bitcoin & Updates Market update:
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Related Ideas


Shorts have crashed and price barely moved, meaning someone sold all those shorts covering. Falling shorts at supposed bottom is not good at all, shorts should reach max levels at the bottom. Shorts = longs now, => indecision yet.
+12 Reply
AlanSantana kurochig
@kurochig, Indecision leaning towards bull.
+1 Reply
tearliner kurochig
@kurochig, yup this... lmao
usr32 kurochig
@kurochig, Your reasoning is valid for a top, not for a bottom. Falling shorts at a top means possible dump, falling shorts at bottom means reveral is imminent.
+1 Reply
usr32 usr32
@usr32, reveral == reversal
@usr32, Thanks for sharing.
+2 Reply
1) Total Coin Market Cap : 204 vs 2018

2) I'll just let you walk only the flower road!!

+3 Reply
@pkb6698, Thanks for sharing.
Countertrade whole Tradingview bulls and Bitcoin long/short ratio:

+2 Reply
UmairEjaz Counter
@Counter, what are you doing then? trying to tell the masses to loose money lol
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