SuperShibe

Short Squeeze above $7300 - can the bulls kill the bears here?

BITFINEX:BTCUSDSHORTS   BTCUSD Shorts
Pretty clear here - if BTC gets above $7.4K we will have over 13,000 BTC of shorts under water.

Thats around 40% of open short interest - that is the worst its been since April.

Lets see what the bulls can do. $6.9K and above should start forcing closes...

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.