gjmullen
Long

BTC COVER THOSE SHORTS

BITFINEX:BTCUSDSHORTS   BTCUSD Shorts
shorts keep piling on even though there is zero price decline.
it is going to get ugly for shorts
bye bye bearz
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satriadiario aceman0920
@aceman0920, nice jump in price lol right 1 minute after bitmex maintenance so many bears screwed over.
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aceman0920 satriadiario
@satriadiario, ask me if I care. These greedy bears will never learn and keep shorting the bottom...let's go short after a violent 35% 14 day downmove...seems like a good idea!
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they expect everyone to dump when the proshares etf is denied thursday
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gjmullen whalecheetah
@whalecheetah, dumping on the bad news is for the sheep. collecting more shares on bad news is for the wolves.
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@gjmullen, News works for stocks.
BTC works on trends and TA.
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You think we are getting ready for a jump in prices?
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supergoh Msparky
@Msparky, I hope so. How high you think btc will reach this time? I guess at least 8k.
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yolan supergoh
@supergoh, if we get to 8K I expect a big correction to at least 5K.
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gjmullen Msparky
@Msparky, I think so. I keep expecting to wake up and see BTC heading to lower lows, but it keeps going sideways. seems like the shorts are busy holding the price in place. so either the entire short crowd is going to be correct, or they are going to get squeezed.

I generally think the crowd gets hammered. in this case the crowd is short.

we shall see.
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