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Khaledor
May 15, 2022 2:40 PM

$BTC Longs Long

BTCUSD LongsBitfinex

Description

H&S with a clear target to 25000.
Broke out of historical resistance.

Something cooking in the near future.
Comments
jeromystewart
I'm really trying to make sense of these huge longs. For me it feels like it shouldn't be real.
shadyvision
@jeromystewart any idea yet??
jeromystewart
@shadyvision, it seems unlikely to be a fakeout on the part of the actual people that placed the longs. It just seems like a risky bet especially being so extreme about it. I think maybe the people placing these longs think BTC is actually gonna pump but I just don't see why the level of risk is even remotely worth it unless they have an enormous secret. Maybe we will have more information on friday when many options expire.
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