TheBitcoinWizard

Bitcoin BTCUSD - Continue Bearish Pressure

Short
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Hi traders.

With the added short pressure the traders who are buying Bitcoin have no money left, price is going to continue falling.

Leveraged long positions hit extreme levels at above $30,000 Price stays below this and traders are STUCK

Them being stuck is good for shorting, makes making a new low easier as they are already losing and need to cut positions.


Good luck world.

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