THE REAL REASON WHY BITCOIN IS SURGING HIGHER AND SHOULD CONTINUE
Hey guys ,
Kumar here hope you well .
guys i don't know about you but i think that christmas has come early for bitcoin and bitcoin investors and infact, if you listen very carefully i think you can here something can you not ?
listen very carefully and you can probably here the sounds of screams " buy bitcoin short sellers " . The people who are betting against bitcoins they are now getting ' squizzed out ' . yes i'm writing now this post and you probably noticed that bitcoin has a dramatic surge which infact i predicted couple of days ago that's why i've longer my positions
let me show you the evidance before continue further
and i predicted that bitcoin is very likely bottomed , well thats was my shocking prediction and my friends also didn't believe on this , they shorten their position and they are in tremendous loss on bitmex...........
I'm actually going to show you what actually happening here , we know that majority of the dumb money , majority of the non-commercials were betting against the bitcoin & really believe me that are heavily betting against bitcoin .
Now you can see that in the next proof ........
They were actually expecting to drop bitcoin.............
As you can see the above picture is actually a report of CBOE ..............
and again according to a poll of CNBC they actually get the same result as you can see below
CNBC is also displayed this poll couple of days ago and in their poll what they found is that 64% of people were expecting to bitcoin drop low they said bitcoin is not bottomed yet.
what actually i'm trying to say is that they are dumb money and this survey is proof that the sentiments was totally against bitcoin and they were clearly wrong here .
As Jim Rogers says :-
and another proof here is
People were actually googling that " is bitcoin dead "
They were searching heavily on google about the negativity of the bitcoin here is the proof ,
I also said to my friends that look bitcoin has retraced 61.4 % Fb level
And i also said that look bitcoin gonna bounce back as you can see below from fibbonaci chart .
and i also mentioned that look my TIME RESISTANCE INDICATOR the most likely dates for big moves .....
And guys without a doubt this is a phenomenal move and I think this is just a start ............................ I'm telling you again this is just a start of major rally.
I was damn sure because of this picture just look at this below first .
In other words guys short sellers are being squizzed out to their short positions.
If look in the journals , the articles online are actually whole bunch of nonsense out there in the media , they will tell you whole bunch on nonsensical reasons , which nothing to do with the real reasons.
The main and correct reason is that the short sellers have put buy stops , the only way that they can close out their positions buy putting the buy stop and what happened is , as bitcoin hitting this stop losses and the time when bitcoin touched that level it's triggered movement for the bitcoin.
well , these short sellers the very same people saying that bitcoin is going 3k or zero and these guys are being destroyed and there positions are being taken out
And you know what they deserve it because they were not listening the moments , they didn't even try to understand the sentiments of the market.
whole markets was negative , media , articles and lot more all were against the bitcoin now you can see the result.
GUYS always try to think different , always do opposite......... have great profits.
cheers !!
Finally Bitcoin investors can be happy :)
exactly............
bulls are coming..........as you can see the price of btc is surging more and more
cheers!!
Yes..open doors for the bulls...