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Cryptonym_Real
Jul 13, 2018 5:50 PM

BTCUSDLONGS vs BTCUSDSHORTS Short

BTCUSD LongsBitfinex

Description

Will 6K hold? IMO this longs (blue) vs shorts (red) chart is ominous for the bulls. Longs are stacking, while shorts are being cautious. In the context of a) extremely low organic volume into the Crypto space, b) not enough shorts to fuel a short squeeze and c) plenty of longs to provide a stop loss cascade if 6000 breaks, this is the last chance saloon for the bulls.
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