Bitcoin Forum
July 02, 2024, 05:17:27 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Shorts are accelerating: BTC is in peril of free fall  (Read 122 times)
jamesashmore1964 (OP)
Jr. Member
*
Offline Offline

Activity: 336
Merit: 3


View Profile
June 29, 2018, 05:25:36 AM
 #1

If shorts start accelerating BTC and the ALTs are going to extreme LOWS!
People will leverage their shorts and as sheep follow sheep BTC will be in free fall!
Vit83
Full Member
***
Offline Offline

Activity: 644
Merit: 100



View Profile WWW
June 29, 2018, 07:01:43 AM
 #2

All margin positions like shorts can't exist for a long time. They have to close their positions after some time. The closing means that they are buying BTC. So waiting when they start to close all big shorts to play on a big bounce.

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!