GreaterNinja

Too many shorts.... so long till $6422-6522

Long
GreaterNinja Updated   
BITFINEX:BTCUSD   Bitcoin
I think there will be a short squeeze.
over 32,600 are short on bitfinex, while only 25,212 are short on btc/usd

likelihood of a short squeeze increases significantly, unless someone knows something else.

We may see eth/usd goto $322 or higher as well IF btc/usd goes up a couple hundred...but that is another chart.
Trade at your own risk, this trade can totally fail as well.
Comment:
lol...25,212 are long on btc/usd and 32,600 are short on btc/usd.
Comment:
35.169k short now vs 24.856k short on bitfinex.
Comment:
35.169k short now vs 24.856k long on bitfinex...sorry tired.
Comment:
i smell short squeeze
Comment:
we hit 6600, target reached. still more shorts can be squeezed to push price to 6760-6940 area.

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