You guys trust this declining short interest in BTC?

.....I don’t. Btc needs short sellers for liquidity at higher prices. Without that prices will stabilize. This may trigger a sell-off from those holding based on risk/reward fundamentals. Although we could make it to 100k before this happens, I’m leaning more towards this occurring around 50k.

Yorum:

Big breakdown since this call. Looking at BTC breaking a key parabola I've noted in other ideas, this weekend will likely define which direction all markets will head next week, Equities and Crypto alike.