Post
hadibutt
The Crowd Is Shorting BTC đ
Bitcoinâs long/short ratio has dropped below 1, meaning short positions now outweigh longs
In other words, more and more traders are betting on BTC going lower. And thatâs where things get interestingâŠ
đ€ When the crowd starts leaning too heavily in one direction, the market often finds a way to punish them. If buying pressure kicks in, we could see a strong move to the upside, squeezing shorts and liquidating a large number of bearish positions
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