BTCUSD Shorts BTCUSDSHORTS

holeyprofit

I think we maybe have another 1K or so to go in the BTC rally. I am not short here but I plan to short somewhere around 23K with a stop loss on 25K. Was too impatient with my longs and missed the move here, but I think we're getting into the end of the short squeeze mentioned previously.

Blockchainmane

I squared the chart added fib circles. based off this idea, today October 3rd could be a major pivot point, either longs take control and break above resistance or the bears are back in action, pulling the price downwards.

holeyprofit Updated 

Fibs and forecast/price estimate are mainly done just out of interest to see what happens. But there are various things to support a short squeeze may be setting up. Let's look at some things we can see in a short squeeze in a developing/developed downtrend and how they relate to BTC. Squeezes often a preluded by ranges. People given time to decide it's a big...

olliecoughland

btc still works fine... squeeze here before continued selloff or nah? shorts breaking trendline with potential mini ihs in the works on somecharts

olliecoughland

target hit but it didnt go as deep as last time, btc might retrace this move to bait more shorts or it could continue on to the same lvl as last time unsure tbh

olliecoughland

finex shorts at key resistance here again up 300% from last time we squeezed time for another squeeze already? looks like it might be

TheSecretsOfTrading Pro

We still haven't broken the sentiment on Crypto - The dip is not in -- too much longs around. The more I hear it is in, the more I am sure it is not. Good luck.

olliecoughland

btcshorts coming down from resistance nicely as btc starts moving up sqeeze em?

olliecoughland

finex shorts at a fairly key resistance but the longs arent down much at all, showing signs of reversal here up 1000% from the top and 500% from the march highs 200% on this recent down move.. longs only down around 7% though from the crazy increase in longs earlier this year could be first sign of reeversal or we break out here i suppose up 1000% from the top is...

sophisticated-gambler Pro

Plotted significant bitfinex shorts tops and bottoms, very ugly chart thus I hid it. I think the correlation is nicer with longs?

xtremerider8

BTC shorts shows that it has approximately 63% more to drop to key support. That may take BTC at least to the 28-33k level from current 20/21k before the shorts bring in a bigger correction sometime in August2022. I do this as a hobby & not for trading advice.

gt3verse Pro

BTC Shorts made a rapid higher 3rd low as you can see. It's primed up and ready for the moon. When resistance is broken, it basically goes to price discovery. Stay safe.

xtremerider8

BTC SHORTS bounced from the trendline & made a big green candle. BTC price fell but was immediately bought up. Can the BTC bulls hold 28/29k & make this dump a fakeout? 31k is the minimum resistance to break for uptrend to resume. If BTC breaks below 28k then 26500 is the last defense to avoid 22k, approximately the wma200 level. Not trading advice

xtremerider8

BTCSHORTS chart seems to have found a temporary support & may reverse up for a bigger BTC capitulation to continue in the 2nd part of May. We may see a rally in June up to late July. Then another in 4Q2022 leading into Jan2023. All risk assets tumbled Wednesday 18May into the worst down day since pandemic despite DXY $ index & TNX 10-yr yield retracing, increasing...

kievanrusbazaar

The Bitfinex whale den, as it's known. Unless the whales swam away into deeper waters, why is it that there are less shorts than there were at the last major drop in the price of Bitcoin in July 2021?? I mean, look at the chart. The number of shorts opened is miniscule unless there are plenty more coming. Or... Whales and market movers are not confident in a...

xtremerider8

I just recently found this tool useful in timing the approximate time to be ready to sell or to buy BTC. If you backtest, it predicted correctly the 64k & 69k tops. However, during the 29k bottoming process, there was so much pessimism that the shorts continue for a while even after bottoming. But then there was already volume of buyers so BTC went up & the shorts...

coinhoIio

Please provide a meaningful and detailed description of your analysis and prediction. I closed my eyes and focused on the heart of the coins. They whispered to me a secret I haven't heard since. The wind whistles by the trees. My portfolio speaks to me in ways I cannot describe. A tear in my eye not from a grain of sand but a grain of eye opening truth. The place...

Analyst_YuShiuanChen

Huge market volatility could be looming... COINBASE:BTCUSD COINBASE:ETHUSD BITFINEX:BTCUSDSHORTS BITFINEX:BTCUSDLONGS Top 69 BTC whales only bought about 7000 BTC despite over 30,745 BTC leaving exchanges on 3/11. I also notice this big order (30745 BTC) splits into multiple smaller orders (98 BTC) subsequently, and "BTCUSDSHORTS" in Bitfinex exchange...