Who here SMUG shorting BTC with monstrous leverage right now?
Who here SMUG shorting BTC with monstrous leverage right now?
you mean short in an obvious uptrend before it bounces off 11.5k again?
Enjoy your liquidation, brah
More like bounces off of 10k again.
Are you nuts
Shorting 30BTC since 9239, a little bit worried but not too much.
I like the action right now
>only slightly higher high
>declining volume
>declining volatility
>no correction since 8400
>it's a bitmex pump
>10k barrier ahead
>not taking into account that whales manipulate the price as they see fit
>shorting at resistance
lul rip
>declining volume
only because sell offs are getting weaker, buy volume is getting stronger compared to last month
oh cool so we going up then, OP is gonna get B O G G E D
some of you are ok dont short bitcoin tomorrow
You're looking at higher highs, have you considered the fact that we're seeing higher lows too? 6k to 8.3k, we're going to at least 10.3k next. if that breaks fast we could even head for ~11k.
>Declining volume on the sell.
You're about to be raped lol.
I was looking at a smaller time frame (last day).
We basically saw three pumps (8600->9200, 9200->9600, 9600->9800) each followed by sideways. You can see that they are getting weaker everytime and the fact that we haven't seen a retracement makes me think that it's an unsustainable move.
Also the bitmex volume seems to be crazy the last days, therefore I suspect that there are a lot of overleveraged longs in BTC right now.
buying back at 6k!
You will fomo-buyback at 11k because you miss the dip to 9k and and the pump qafterwards.
Mega dump on bitmex with a lot of liquidations happening right now. Damn it feels good to be right.
looks like op made the right call faggots
I'm in the profit now, nice.
I will only buy back at 6k.
Just sold and waiting for the next dip.
I'm going to do the same.