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Yogigolf
Apr 2, 2018 9:35 PM
Possible short squeeze incoming
Long
BITSTAMP:BTCUSD
1D
Bitcoin / U.S. dollar
Bitstamp
Description
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Apr 2, 2018 9:35 PM
The market likes to take your money and a large amount of the markets is short on bitcoin. Similar levels to mid October before shorts lost their shirts with the big rally. RSI turning up in a similar fashion as before as well.
Comment
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May 3, 2018 7:00 PM
Nailed it, shorts have been squeezed. :D
Beyond Technical Analysis
Technical Indicators
Comments
Yogigolf
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Apr 2, 2018 10:27 PM
BTCUSDSHORTS is also creating a rising bearish wedge that ends some time in April would which support this theory.
JoshuaVanier
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Apr 2, 2018 10:07 PM
"The market likes to take your money and a large amount of the markets is short on bitcoin"
Well said, well said.
Johnnysharp
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Apr 2, 2018 10:00 PM
Like the way you laid this out! Been trying to draw up possible squeeze fractal and couldn't get it right.
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