Is the BTC market primed for another short squeeze like in April?

in #bitcoin • 6 years ago (edited)

As the price of Bitcoin was tumbling yesterday, I noticed that the amount of margin short positions being opened on Bitfinex began to grow significantly.

#trading #cryptocurrency #crypto #ta
6 years ago in #bitcoin by
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     6 years ago 

    Thanks for giving us your outlook on the Bitcoin situation. I'll continue to buy as it falls. The short squeeze scenario you present is helpful. Love to see different views and I'll keep this post in mind if we see a sudden spice in BTC price.

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     6 years ago 

    You're welcome. Let's see if the short squeeze actually materializes this time.

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     6 years ago 

    To the question in your title, my Magic 8-Ball says:

    You may rely on it
    Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.

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       6 years ago 

      Yeah wait for best yet to come.

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