Will BTC’s ‘price vs shorts’ anomaly hold? Michael Novogratz roots for longs

in #bitcoin6 years ago

Bitcoin’s [BTC] price scaled a new peak on May 3 after the coin managed to break its immediate resistance. Even though the community speculates that the bull run for the coin has already begun, another crypto enthusiast pointed out an anomaly in BTC charts, where the shorts rise along with the price of the largest cryptocurrency.

Read More: http://read.cryptobeanie.com/article/will-btcs-price-vs-shorts-anomaly-hold-michael-novogratz-roots-for-longs/13162

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