YoungLivermore
Short

BITCOIN SHORT SQUEEZE, WHATS NEXT

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
2015 chart for reference.

Things will probably play out just as they did in 2015. Blow off top to $7000-$8000 and a massive correction. If we hold the $6000 support, we are in a confirmed bull market.

My previous thesis about too many retail investors being short and Bitcoin inevitably pushing above $6500 was correct. Check the chart below: "BITCOIN LONG & SHORT: $6500 FIRST, THEN $4200."

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