BTCUSDSHORTS trade ideas
Bitcoin Short Positions are Piling UP Hello Traders,
While Michael SAYLOR from MicroStrategy $MSTR is loading cash by selling junk-bond debt with 6.25% to 6.5% return annualy to buy #Bitcoin , other Cryptomarket and Bitcoin bears are rumping up their bet against $BTCUSD price, as you can see on this chart the selling positions keeps piling up.
Largest ever percentage rise in Short Interest in $BTC History The chart attached shows an incredible 2200% increase in Short interest. It is by far the largest increase in the History of Bitcoin. Either a lot of Bears are going to make a lot of money or they will give birth to one of the largest short squeezes in Bitcoins history. I am of the opinion that when too many people get on one side of a trade, its usually best to take the other side. :O)
Tax-free setup?How I came up with this?
- I smoked catnips.
Context: Recent IRS news crashed btc price.
If this whale sold bitcoins before, it have to pay capital gain tax.
If this whale bought back what it sold then do covered short with new 1x longs (I saw long & short goes up together), then close the shorts at top or where it sold, this could
reversee it's realized capital gains into unrealized CGs.
About BTC'S SHORT x LONG x PRICE We will never know:
Is the player alone in Bitifinex ?
It is happenning at anothers Exchanges ?
He could be playing at futures as well, been long at one perpetual, or a option contract.
We can't know. that.
The only thing we can do is Speculate about, and There it is:
At First, we have to understand that he took the distributed market and applied a bilateral liquidity injection, in other words he went in long and short at the same time, as the market was distributed he gave in on the weaker side.
So he took part of the profit from the short position, going long after.
Then the market starts an Accumulation, with long positions increasing and short positions decreasing, while the market lateralized.
After fully positioning himself in the long position, while the market went down a bit, he applies a FUD on the BTC, going heavily short when the price reaches the top of the range.
It works. it knocks down the market !!
But something happens.
The price refuses to go down any further.
It falls into the bear trap!!
But he's a tough guy, he won't let it go! And he increases his short position showing strength. He plans to buy at FUD again i think !
Here is the proposition of what can happen:
If the price touches the trap line again, at 37.300, it can push a little harder and try to FUD more... But at first this attempt was already lost.
If he folds and turns his hand over, closing the 15k btc short position, he could put the price at 50k again, or even more.
BTC shorts on top - Bye bearsHey everyone ,
As we can see in chart , BTC short positions are same level with march 2020. I am expecting all the short levels will close and BTC shorts will re bounce from top. We all know what happened after 2020 march. We can see same scene. Whales have plans. Waiting this short levels to get this high might be a one plan. We all watch :) Hope bears leave their game to bulls now on.
BTCUSD: And even more bad news for bears!Hello my friends!
It was the largest percentage increase of shorts ever. Btw I would never short BTC after a 50/60% move down. The risk reward is way too high.
You all know for example from gamestop what a short squeese can do and how the price bounces. In the last two weeks, the shorts have risen by about 2300%. For comparison, at the last strong drop in march 2020, the increase was only 300%. So for me, this means that a large number of shorts will be closed. When the price was at 60k, the shorts were down. Now at 35k, a lot of people are getting in. Not understandable for me. I estimate for most shorts the stop areas will be at around 40/42k. Therefore I expect a pump to liquidating the shorts. And the smart money might get some $ soon. Lets see.
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Let's see what happens.
Happy trading. :-)
BTCINVESTING
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My 2. Post "Another bad news for bears!" Jun 7, 2021
My 1. Post "Bad news for bears!" May 31, 2021
My Post Apr 18, 2021
My Post Nov 19, 2020
My Post Apr 15, 2019 (2 year ago!). I was one of the first btw. ;-)
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Shorts stacking while btc trades in limbo of next moveI am very hesitant to short anymore what with the skyrocketing short positions. The long positions remain higher - BUT - since the 7th they've gone up a mere 3k from 43 to 46k whereas shorts have skyrocketed from 1,500 to 19,000 in the same time frame and remain very high. Some may be using this as an indicator to give further credence to taking their own short position, however I am worried about a potential short squeeze the higher up they go. If its liquidity that moves markets and massive sell-side liquidity is building, could that not alter the very course of bitcoin at least to an extent?
I don't know what is going on rn and therefore am limiting my trading to essentially scalps. I am wondering if this is a case of, everyone caught on that price was going to dump tremendously and thus the market is reversing course to take out as many shorts as possible. Perhaps even getting ready to form an uptrend now where there was supposed to be downtrend continuation.
I don't like it one bit, having had a bearish outlook until we get to the lower 20s with what I have estimated to be perfect very low buy targets set on alt coins. It is possible that push to $38,500 marked the last local high before btc cascades downwards like a waterfall. But as price action unfolds and we continue to look at all the little clues along the way, we have to be willing to continuously re-evaluate and readjust our expectations.
Right now mine are in limbo, much like the price of bitcoin.
BTCUSD SHORTS record high!!! Again we continue to observe BTCUSD SHORTS mounting and reaching record high. What does this translate to?
1) The market sentiment is bearish
2) Market volatility is expected to be high
3) Place your bids low to catch BTC... if it falls. Mine are set at 27.5k and 25.5k
4) Expect BTC to pump liquidating the shorts, then it may or may not fall. This remains pure speculation.
5) Have tight SL for your Alts, and exit those in the green to USDT.
Of course nothing here is a financial advice... I am sharing my analysis for you to play it safe, but still DYOR.
BTC 25K? MASSIVE bearish movement? You DON'T wan't to miss this!It seems that the increase of short positions have stopped. When the short positions were opened on may 17, a day later bitcoin dropped from 43k to 30k. This time, there are even more shorts, and the increase is even steeper.
I wouldn't be surprised if Bitcoin will go down by a lot about a day after I publish this, same as on may 17. Personally, I also wouldn't be surprised if Bitcoin goes to 25k.
Seriously? Short accumulation on BTC??Do you remember our analysis from 1.May? You should check it. We predicted bitcoin dump.
See a charts of short position. Do you really think that bitcoin will go down and most of traders who have shorts now will be rich?
Only 10% of people are longterm successful in trading. If you want to be successful too you should do what 90% people don't.
This chart shows opening shorts on bitfinex. But if you want to earn money on short somebody should sell and price should go down.
But if you have stoploss on your position then stoploss mean you will buy higher and of course price will go up.
Very soon can come short squezze and bitcoin can start new bull rally.