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Shorts on BTC just jumped 60%

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by COINS NEWS 236 Views

BTC shorts just jumped up by another 60% after already going up 330% on the 6th:https://datamish.com/btcusd/24h

Edit: Better data: https://www.viewbase.com/bitfinex_long_short_position/btcusd

Suggesting they are doubling down to cover potential losses from the recent pump to $36,500.00

The price may jump another $2000.00 to $38,500 as they start closing positions to reduce losses. Market buying the shorted 6,800 BTC opened at that price

if Bulls get control we will be looking at a $42,000 BTC. Then a slow climb to $50,000

Edit: Up another 13% since I posted. They are really trying to push the price down

Edit: Up another 30% since posting (90% now). Jesus they really want BTC to crash but its holding $36,000.00. Go Go BTC

Edit: Bulls just jumped in 4% increase in long (Including me). Shorts up another 3.5%. To put this into context a total of ~7000BTC was just shorted worth $210 Million in 30 mins

Edit: Up 105%; Jesus how much money do these fuckers have

Edit: Up another 5% in 6mins, 110% increase! I'm all in BTC Kraken, Coinbase and 3X on Binance. Out of cash 100%+ all in hope someone is still buying

Edit: Bulls up 0.9%, Shorts 5.9% (116%). BTC $36,600.00.00+

Edit: I can't believe it these fuckers just broke 120% increase in less than a hour. 15,000 BTC worth $450million. But BTC at $36,800+ GO GO BTC

Edit: Longs showing weakness down 0.2%; people just got liquidated. Short sellers have unlimited funds it seems up another 5% (125%). Satoshi give me strength out of fiat to buy

Edit: Now at 132%+ (1000BTC /$36 Million shorts opened in last ~30mins). BTC still above $36K. I went all in buying BTC, but put a stop loss at 1% loss of account on all trades. Now all I can do is wait and hope I don't lose money

Edit: These fuckers are at 143%. They literally just shorted BTC nearly half a billion in about 2 hours

Edit: Twitter to see all the Short liquidations occurring; enjoy the show https://twitter.com/whalecalls?s=09

Personally have a short open on ICX with a stop loss at $1.07 and holding 25% of my portfolio in BTC. Either way its going to be a interesting and profitable US session. Edit Closed my short sending to BTC

submitted by /u/GodlordHerus
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