Shorts going down! | Bitcointalksearch.org

inca

legendary

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Quote from: spazzdla on January 26, 2015, 06:39:32 PM

Quote from: oblivi on January 26, 2015, 01:59:02 PM

Quote from: derpinheimer on January 26, 2015, 11:25:03 AM

Bullish, because bearish sentiment is declining
Bearish, because.. bears could open a shit ton 'a shorts, and shorts closing are somewhat responsible for the price increase
Bullish because longs are also relatively low

Overall seems neutral to me.. but if there is another bear attack, could be very bad.

Bear attack back to 170ish so old money can enter once the Coinbase+ Gemini exchanges open. Whatcha say?

Perfect timing one would say.

Sub $100 incoming IMO.

At least you are consistent..

spazzdla

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Quote from: oblivi on January 26, 2015, 01:59:02 PM

Quote from: derpinheimer on January 26, 2015, 11:25:03 AM

Bullish, because bearish sentiment is declining
Bearish, because.. bears could open a shit ton 'a shorts, and shorts closing are somewhat responsible for the price increase
Bullish because longs are also relatively low

Overall seems neutral to me.. but if there is another bear attack, could be very bad.

Bear attack back to 170ish so old money can enter once the Coinbase+ Gemini exchanges open. Whatcha say?

Perfect timing one would say.

Sub $100 incoming IMO.

oblivi

hero member

Activity: 700

Merit: 501

Quote from: derpinheimer on January 26, 2015, 11:25:03 AM

Bullish, because bearish sentiment is declining
Bearish, because.. bears could open a shit ton 'a shorts, and shorts closing are somewhat responsible for the price increase
Bullish because longs are also relatively low

Overall seems neutral to me.. but if there is another bear attack, could be very bad.

Bear attack back to 170ish so old money can enter once the Coinbase+ Gemini exchanges open. Whatcha say?

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: knight22 on January 26, 2015, 11:44:41 AM

Quote from: NotHatinJustTrollin on January 26, 2015, 11:37:36 AM

Shorts being wiped out in the last pump?

Part of the pump was shorts being closed not BTC being bought.
Shorts can have a nice reset.
Market doesn't have much shorts to squeeze anymore.

Incredibly bearish Wink

Shorting at the bottom of a new bull trend is not a clever thing to do Wink

>new bull trend

derpinheimer

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Quote from: NotHatinJustTrollin on January 26, 2015, 11:37:36 AM

Shorts being wiped out in the last pump?

Part of the pump was shorts being closed not BTC being bought.
Shorts can have a nice reset.
Market doesn't have much shorts to squeeze anymore.

Incredibly bearish Wink

I'mma have to agree. BFX is ready to cascade downwards.

knight22

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Activity: 1372

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Quote from: NotHatinJustTrollin on January 26, 2015, 11:37:36 AM

Shorts being wiped out in the last pump?

Part of the pump was shorts being closed not BTC being bought.
Shorts can have a nice reset.
Market doesn't have much shorts to squeeze anymore.

Incredibly bearish Wink

Shorting at the bottom of a new bull trend is not a clever thing to do Wink

NotHatinJustTrollin

full member

Activity: 462

Merit: 107

★Bitvest.io★ Play Plinko or Invest!

Shorts being wiped out in the last pump?

Part of the pump was shorts being closed not BTC being bought.
Shorts can have a nice reset.
Market doesn't have much shorts to squeeze anymore.

Incredibly bearish Wink

ivyleague1985

newbie

Activity: 56

Merit: 0

Quote from: derpinheimer on January 26, 2015, 11:25:03 AM

Bullish, because bearish sentiment is declining
Bearish, because.. bears could open a shit ton 'a shorts, and shorts closing are somewhat responsible for the price increase
Bullish because longs are also relatively low

Overall seems neutral to me.. but if there is another bear attack, could be very bad.

The bullish rally is a self-reinforcing trend, coz all the bears that are forced to cover will have fewer and fewer ammos (i.e. money). They took a hit when we rallied from $16x to $275 now.

If there is NO new money to join into the bear camp, the bullish rally will keep playing and the bearish counter-attacks can only serve the purpose of self-rescuing but not the purpose of reversing the trend again.

derpinheimer

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Bullish, because bearish sentiment is declining
Bearish, because.. bears could open a shit ton 'a shorts, and shorts closing are somewhat responsible for the price increase
Bullish because longs are also relatively low

Overall seems neutral to me.. but if there is another bear attack, could be very bad.

inca

legendary

Activity: 1176

Merit: 1000

Quote from: knight22 on January 26, 2015, 11:22:25 AM

Shorts on Bitfinex are almost 15K down from the previous week all time high.

Almost back to where they spent the vast majority of 2014 then Wink

knight22

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Activity: 1372

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Shorts on Bitfinex are almost 15K down from the previous week all time high.

Topic: Shorts going down! (Read 1270 times)