BTC/USD ultimate WIPEOUT before pump...
Hers what I mean by wipeout of folks before pump.
Take a look at this chart, this is BTC/USD compared with BTC/USDLONGS in the blue line monthly or weekly candles.
For me looks obvious when most are betting long BTC price is down, when most are betting short BTC price tends to move up.
I’m sitting on USD and waiting to see if BTC cleans out Long positions before moving up, so at this time I’ll pop some popcorn and just watch, since the theatre’s are closed and I’ll enjoy watching this.
Stay safe, make money, and till next time.....
Take a look at this chart, this is BTC/USD compared with BTC/USDLONGS in the blue line monthly or weekly candles.
For me looks obvious when most are betting long BTC price is down, when most are betting short BTC price tends to move up.
I’m sitting on USD and waiting to see if BTC cleans out Long positions before moving up, so at this time I’ll pop some popcorn and just watch, since the theatre’s are closed and I’ll enjoy watching this.
Stay safe, make money, and till next time.....
Penafian
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