https://www.tradingview.com/chart/tQsSdbB8/
All traders know that double, triple and etc bottoms are 100% Bullish due to the fact there is a lot off buying at this low point and sellers cant break it down. Bitcoin is hugely shorted as overall chart appears Bearish. Often tho the apposite happens and then we get short squeezes , momo traders, algos and etc piling in driving the ticker bonkers. Remember $DRYS 2016 ? Or even just BTC 2017 ? BTC is the most watched ticker. The whole world is watching it. When it turns around it will turn fast.
All traders know that double, triple and etc bottoms are 100% Bullish due to the fact there is a lot off buying at this low point and sellers cant break it down. Bitcoin is hugely shorted as overall chart appears Bearish. Often tho the apposite happens and then we get short squeezes , momo traders, algos and etc piling in driving the ticker bonkers. Remember $DRYS 2016 ? Or even just BTC 2017 ? BTC is the most watched ticker. The whole world is watching it. When it turns around it will turn fast.