Bitcoin LONG (Shorts CRASHING 40%) $7000+ Next
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:
![[BTCUSD] Bitcoin - The KING - Long Term Trade [200%+ PP]](https://static.tradingview.com/static/images/svg/idea-image-placeholder.svg)
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Namaste.
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:
![[BTCUSD] Bitcoin - The KING - Long Term Trade [200%+ PP]](https://s3.tradingview.com/l/lz4PeR5X_big.png)
Thanks a lot for the support.
Please like, comment, follow & share.
Namaste.
Trade active
Comment:
EMA50 is holding the price down as usual, but Bitcoin will move soon.
* Shorts continue dropping.
* Longs continue increasing.
* Shorts continue dropping.
* Longs continue increasing.
Comment:
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Longs are starting to move up, very slowly though.