Reasoning behind BTC longs:
-Bitfinex shorts are at A T H
-Current resistance/supply being hit many times and getting thin
-Bitmex funding fee's are negative, too many shorts issued
-CNBC is shilling BTC drop to $5900
-100 Mil USDT printed (short squeeze coming?)
-ALT's capitulation in progress
-Bitfinex shorts are at A T H
-Current resistance/supply being hit many times and getting thin
-Bitmex funding fee's are negative, too many shorts issued
-CNBC is shilling BTC drop to $5900
-100 Mil USDT printed (short squeeze coming?)
-ALT's capitulation in progress
Trade closed: target reached:
we are at the target. looking into further setups