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BTCUSDSHORTS Incline 07/08/21

BITFINEX:BTCUSDSHORTS   BTCUSD Shorts
On July 8th, 00:00:00 (UTC) we saw a surge in Short Interest just above $34K level, following a dip towards low $32K level. While making higher pivot lows, price is hovering in a consolidation zone with little to no retreat from Short Interest. This could in turn provide bulls with the necessary liquidity to produce a market shift or, "Short Squeeze" and propel price upward. Mind you we are nearly 50% off the ATH of BTC. Long-Term Trend Reversal seems to be smiling in bull's favor. Good luck to all.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.