This is borderline remarkable, $6000 was the strongest support in bitcoin history, when we fell through it should have been the biggest resistance. We essentially broke through it on the first try, we never bounced off of it hard at all. If we stay above this for a significant amount of time, it will be hard for Bitcoin to fall back through $6000........
What in the world.
Dumb ass shorts.
When long / short ratio at record lows on high volume, the only way the price can go is up.
This is the beginning of the bears’ capitulation - long / short ratio still below prior record lows at 0.58
“At first you go bankrupt slowly, then all at once.”