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cowboycraig
Jul 11, 2021 10:58 PM

Bitcoin Whale Pumping While Shorts Stack Up 

Bitcoin / TetherUSBinance

Description

Like the BTC Pump, but note that BTC Volme isn't even 2 Billion last 24 hours and Shorts are slowly cranking up on 4h chart.
Have a feeling this is whale play and BTC cannot "keep it up" Long.
Be sure to take those profits, if in the green!
Comments
UnknownUnicorn14679555
They are definitely playing the market fakeout pump while loading up ton of shorts and dump afterward then close their shorts and buy back at dirt cheap price, repeats
JenZero
@ksqndx2pqq, right , that's exactly what happen !
cyberalchemy
That's incredibly helpful. Where are you pulling the long and short data from?
cowboycraig
@cyberalchemy, BTCUSDSHORTS & BTCUSDLONGS. Did a BTC/USDT chart and used Compare function.
cyberalchemy
@cowboycraig, perfect...thanks. My new favorite BTC indicator.
altbight
Nice perspective, thx
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