norok

Is BTCUSD going to break 10k?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
If I wanted confirmation I would look at my favorite derivative indicator... the open positions of Longs and Shorts.

Are we going to break 10k? Maybe... definitely bullish right now on lower timeframes. However, we have yet to clear the high and are hovering at the 50% retracement of the 2017 bubble.

I just don't see there being much "blood in the water" should the shorts be slaughtered... there are not nearly as many shorts open as on the last pump.
"Be to others the person you needed to meet 10 years ago"

NEW Discord, it's free, for mature traders: https://discord.gg/wc7ZeQNRuM
Youtube:
https://www.youtube.com/channel/UC8TIr8W10OIuka9EECplOiw

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out