Bitcoin shorts are falling like a knifeThis signals to me that the composite operator is closing this profits for a pretty healthy and lengthy moveup on BTC
BTCUSDSHORTS trade ideas
Time to buy back BTC - shorts are on ATHOn weekly time frame, usually when shorts are on ATH, it's time to buy.
BTC SHORTS at ALL TIME HIGHS. Prepare for bullish BTC.I expect a possible $3100 BTC before shorts dump entirely, but this will likely happen fast.
In the short term (7-9th december) I'm expecting a minor BTC retest to 3.6k, but next week, or even this weekend, once $3-3.4k BTC is fulfilled, prepare for a bullish BTC.
SHORTS R HOLDING FIRM -UNCHALLENGEDThe short position remains virtually unchallenged at, 38110. The buyers must feel it is too risky to enter a long position at these levels. BUT -- There appears to be an accumulation over on the Longs chart. It seems there are people willing to hold long at these levels. Go figure. The downside risk is too much for me. Even if you are short the possibility the; a short squeeze could take you right out and that's not worth a few hundred bucks to me. I am holding firm to my 3k prediction by February 2019. We could very well see it much sooner but because it is such a psychological level the volatility at 3k should be incredible. How many buy orders are there at 3k? How many sell orders at 3k? I may not know when we will hit 3k, or on what exchange it will be, but I can say it is coming!
Leave a like, comment, or a chart.
Biff
BTC vs SHORTS(12/14) We finally broke the short-term support level of $3,300 yesterday afternoon and saw it bottom out at ~$3,200 later around 7PM EST. There has yet to be a compelling reason to want to get long in this ugly, bearish market. Usually, in an over-sold or over-extended market, you would see shorts covering to take profits, which would help create some support and even potentially give a relief rally for the trapped length to sell into. The question is, are the shorts enough to overpower the selling that has been relentless over the last month.
This chart we put together for you this morning shows the relationship between the 3-4 day SHORT COVERING that coincides with a lack of actually PRICE rally in BTC. That is not good… That shows that as shorts are coming in to buy, they are still very much getting overpowered by sellers of length. In the same chart you can see that as SHORTS are initiated, they can take BTC price down faster and harder than on the way up. To us, this shows that there is still NOT a bottom that has been put into this chart.
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BTCUSD Shorts Rising Wedge - Bull Run December 10, 2018This Analysis coincides with the Bitcoin analysis I posted earlier today that is link below.
Shorts are wedging to an apex with, what I count as an ABCDE Diagonal, representative of a Wave 4, with the current swing high being the 5th Wave, leading up to a reversal...
Fibonacci Extension ratios align with this premise...
And Wave 5 Wedging towards an apex...that aligns with my December 10, 2018 Bull Run analysis...
Which all leads to a reversal, meaning that the number of Shorts will drop drastically and traders will be going Long...
Cause people Not the biggest fan of charting shorts/longs but I would be looking for this to hit atleast 49000ish before the "massive short squeeze" people are looking for.
BTC Price Vs BTC ShortsShorts have pushed through the +2 standard deviation line. This chat shows the relationship between shorts and BTC price action (Blue).
60 percent ruleas u can see 60% of bitfinex users are in shorts position. it means one thing: More potential buyers and they cant do anything about that because they should buy, they owe.
so i'm looking for a beautiful long position.
BTC Shorts,need to reach 38k to 39k before a BullrunBTC Shorts, pattern has emerged since April 2018
Shorts that get upto 38-39k will then get liquidated, before the run.
BTC Shorts Approaching Liquidation ZoneBTC shorts on Bitfinex have reached the zone for the sixth time. Every time BTC price goes up to liquidate shorts.
Wait for the confirmation before making a move.
BTC chart showing bullish Div in Link to related ideas.
Bitcoin Shorts approaching critical resistance levelBTCUSD Shorts (essentially traders betting that the value of BTC will continue down against the dollar) are rapidly approaching the 40000 level, which throughout 2018 has provided strong resistance and consistently marked the end of downward price action - and hence the beginning of the next uptrend. Although the Bitcoin market appears very bearish at the moment, with many expecting sub-$3000 in the coming weeks, it's worth keeping an eye on the shorts to see if they can help you predict when the bottom is about to occur.
As shorts are currently at 37455 (and 40719 was the previous 2018 high), we definitely have some room to continue up... and hence the BTC price down. But for how much longer? Let me know your thoughts in the comments below. How useful is the BTC Shorts chart to you?
Please give me a thumbs up and follow me if you found my analysis interesting.
This is for educational purposes only and not a recommendation to buy or sell.
BITCOIN ANOTHER CASE OF SHORTITIS ACUTA?Or the patient is near to die?
Will we assist to another short squeez or the short interest will break out this resistance this time?
Will be a break under 17000 the proof of the end of the bear market?
BIO
BTC USD FINEX WEEKLY SHORTS - BOOM, GOING PARABOLIC SOON! READ.BTC USD FINEX SHORTS TAKING OUT
TOUGH RESISTANCE ON WEEKLY
ARE YOU KIDDING ME?
THIS IS SO BAD FOR BTCUSD
ALSO CHINESE MINERS ARE
SHORTING BTCUSD TO HEDGE, WHAT?
THOSE GUYS ARE RETARDS.
BUT PRICE WILL KEEP DUMPING
STAY OUT!
Short squeeze soon?What's wrong with TA on open interest?
BTCUSDSHORTS is showing a rising wedge, which signifies a likely breakdown, along with the TD9 Sell on the 12hr I'd say shorting now is a risky bet.
BTC ShortsHey friends!
It's been choppy actio for BTC for 11 days now. Quite difficult to trade this, but very good learning experience in general. Looking at this chart we should anticipate a short squeeze and a upwards move for BTC soon!
Good luck!
BTCSHORTS at critical levelBTC leveraged shorts crash when reaching 40000 level causing BTC price to go up. This time consolidation is significant. I am expecting a spike up to $5000-5500.
