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tradersule33
Mar 26, 2020 12:55 AM

Bitcoin is not bullish Short

Bitcoin / United States DollarCoinbase

Description

Failed as a safe haven asset

Expect a short squeeze into further lows

BTCUSD
Comments
Darkside999
Failed as a trader..its long squeeze not short squeeze noob
tradersule33
@wildbeast Quick question - are you autistic? As you can see I have the next move reaching into the 8ks before falling down to new lows. The move to the 8ks from here is the "short queeze" into new lows from description. Short squeeze because the move to 8k is not going to be spot buying activity but more of a squeeze to clear out all the shorts built up in the range we are in.

Hope that cures your autistic illness.
peakindicator
You mean long sqeeze?
tradersule33
@peakindicator, No. From here - short squeeze to 8k level, then spot dump from 8k to new lows over the next months
peakindicator
@tradersule33, ok gotcha ... lot of people are bullish if we can push above 7k
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