Here is a comparison of BTC long (main chart) vs short (purple chart) positions. It's clear that there are almost twice as much short positions opened compared to longs. If we look it as it is, that could mean this is the start of some bearish movement. But there are 2 . Last time the total # of positions in the market (both long and short,with just bitfinex considered) was that low was July '19 and btc started its decline from 13k to k (the covid happened). True that thera has been a serious outflow of btcs from exchanges in the last quarter and the data can be affected by that, but still the value is. BTCUSD There was a lot of bad news yesterday, things started to fall. The main part was sold, a good fall is expected, many opened short. It is not yet profitable for big players to see BTC go down. In the long term, the trend is upward, the correction has not yet been normal. The price can go up in the region of $ 29, to believe in growth.
Tradingview shorts btcBTCUSD — Bitcoin Chart and Price — TradingView
Remember to add a few pips to all levels - different We shall see Predictions and analysis. Videos only. Top authors: btc-short. Bitcoin ready to drop to 14, I close all long positions and open 2 short positions. Bitcoin - Short Low Risk. BTC retrace. Matic idea. Show more ideas. However in 1 hour time frame we could have a breakout that could lead to a new high Price stuck inside a triangle.. Price broken triangle but need to close above green line and same time Green line need to hold as support..
The infamous "Then they fight you" phase started! Merry Christmas. BTC is facing resistance along the 0. There is no correction at this moment! Bitcoin hitting top bolinger on 15 min. Also resistance level with many highs on 4hr.
Take most of profits here. Most likely will decline back to 35 ema. As we can see, the price moves uncertainly. It follows the line of resistance that begins in November The price does not move far from the line. Yesterday I said that the price will reach the support zone.
It can be seen that almost the price succeeded, but soon the price began to rise. In this idea, the support zone and the support line play a major However, Shorts are at the all-time lows 2nd idea and Longs are at a possible reveal point, as you can see from the chart.
Most crowded trades are usually not the best. Next days and weeks will be crucial, but I still expect a correction to wipe out all those longs, before the bull run Highly speculative, not trading advice.
Hopefully this will be helpful. I hope this is useful. Hello, shorts positions are very low, which is weird in an uncertain situation like the current one.
Despite not all the odds are for a fall of BTC, this is a scenario it makes sense to play right now. Am I right I don't know at all! But I can speculate with the best of them