RE: Has the New Bitcoin Bull Run Started? Record Short Positions.
Love it when you review and put it all into laymen's terms for us. 5x's the price of GOLD says it all. I'm with you in the opinion of BTC going down more in the short term but being much more expensive in the future. The one's hodl-ing today , IMO, will be massively rewarded in the future. To the skeptics I ask only this........ why in the hell would an entity as big as Goldman Sux buy Poloniex? They know where this is going and forsee trying to have some piece of it. While people are selling at these low prices they're buying. The Stock markets are bloated with printed fiat and ready to be fleeced but this is where the crowd is running. The smart one's head the other way. Hell, the metals are in a huge firesale right now and are an extremely good buy. Super undervalued at this point IMO. The key though people is don't spend money you need....... don't follow the crowd..........and most importantly diversify........ hedge your bets. Thanks BN! Always enjoy! I like these .do more if you can!