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Topic: Danger: Short Squeeze Imminent - page 2. (Read 227 times)

sr. member
Activity: 1008
Merit: 297
Grow with community
August 21, 2018, 08:37:24 PM
#2
  Whatever you do keep it rational... no more than 2-10X.

Or set your risk management, as Always

its a way more safer and adds confidence

set your stop limits

Sure thing this ETF news will give a D*mn something

member
Activity: 336
Merit: 71
August 21, 2018, 07:39:30 PM
#1
Shorts are really stacking up as you can see below:



Shorts have really been stacking in and they have not been able to move the price... and just yesterday about 6000 BTC went short and are sitting in no profit/loss positions.  A push up into the 6600-6800 stops range could start a dramatic short squeeze.  The manipulation of this may pair with upcoming FUD with the Proshares Bitcoin ETF getting denied on Thursday (if it does) which I think will lead people into a fake 6k breakdown that ends up in an epic short squeeze popping all the shorts stop losses/liquidation....but the pressure is boiling over.   

This is not a time to be capitulating by going short on margin, especially if its pushed towards 6k... you are absolutely playing with fire... just a heads up, not financial advice. Smiley  Whatever you do keep it rational... no more than 2-10X.

Let the battle begin, good luck bears and bulls alike!

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