This sliver of hope is legit the only reason why longs still outnumber shorts, everyone trying to catch the big green candle of hope
S H O R T S W E R E A T A N A T H. C A S C A D I N G L I Q U I D A T I O N S. (I agree about bottom shorters possibly getting rekt, but just because we had a $1k candle once around similar levels/patterns/etc., it doesn't mean it'll happen every-time they reappear.)https://twitter.com/Thrillmex/status/1008682057952710657 …
Just remember -
We've had a 1.2k candle out of no where when we were previously at these levels and everyone thought #bitcoin
was dead.
A candle like this should be expected to wreck any bottom shorters to then provide liquidity for another leg down.
Rinse & repeat. pic.twitter.com/zlSPmz0jKc
was dead.
A candle like this should be expected to wreck any bottom shorters to then provide liquidity for another leg down.
Rinse & repeat. pic.twitter.com/zlSPmz0jKc
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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Not out of nowhere. Shorts on Finex were 41K at ath, not barely 28K. Got squeezed, pnd'd and now we are below that level.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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100% - and I don't think it will happen. But a drop here would be too obvious imo
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I don't know man. Not seeing any bullish signals right now. A lack of bullish signals after the drop we saw is generally interpreted as bearish. Were shorts abnormally high right now, I could see us being propelled due to a squeeze. Pretty precarious state if you ask me.
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What he said really is not true at all.
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