BTC Looking For A Possible Short Squeeze To Happen

19 Ara 2021

I know I've mentioned this many times now, but still... Either it happens from here, or maybe we have to grind a bit lower to shake retail investors and grab large orders between 42-45k area. In such situations price first moves up relatively fast into the capitulation area (54-58k), that presents a huge resistence right now, then it BTC continues to crash. It is also a low possibility, that we could just broke 42k from here and finish the crash then go into a retracement, but i highly doubt that. I still expect prices to fall into the 33-38k, depending on how laveraged BTC is or will get especially if we get that massive short squeeze. A lot of retail investors will get euphoric on the squeeze and will open over laveraged long positions right at the end of a squeeze. What comes next is a massive liquidation event largely because of over laveraged market.

I am not a financial advisor so non of this should be taken as a financial advise.


BTCUSDT

19 Ara 2021

Not

Example 1: BTC 2013/14

19 Ara 2021

Not

Example 2: BTC Jun. 2017

19 Ara 2021

Not

Example 3: ETH 2018 on a bigger timeframe, as i am just giving examples of rally before another capitulation.

19 Ara 2021

Not

Example 4: DJI 2018