bitfinex long closing, short holding.
not enough power to squeeze up
idea is based on cl’s tweets https://twitter.com/CL207
“longs exiting over time without enough shorts to squeeze can cause neg funding where price is unable to fully reverse, which in turn trap the less-aware into buying every dip just cus funding is neg
but big picture now – cat thinks mkts delevered about enough”
Dana propable bear market bottom 20 cents to 10 cents Ardana/Tether GATEIO:DANAUSDT tham3rr For every 20% drop in BTC 55% drop in dana. At 20k btc we will have below 50 cents Dana. NFA
There is still the possibility of a local top ahead Bitcoin / U.S. dollar BITSTAMP:BTCUSD MJShahsavar 1- Bitcoin is forming a Boarding Wedge Pattern 2- Volume Trend Indicator still is Bullish 3- RSI momentum is […]
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