The setup is there for a major short squeeze

in #bitcoin20 days ago

Shorts are pressing their bets right now...

It's almost like they knew...

They knew that the DTCC was going to revoke margin on bitcoin ETFs which forced those on margin to sell.

Which guarantees the price going down.

Now we are dealing with that right now.

There is $15 billion worth of shorts piled on from here to $74k.

image.png

(Source: https://twitter.com/Vivek4real_/status/1785403965355553185/photo/1)

If we start moving back up, the shorts will start locking gains and pushing is up even more.

We have the setup for short squeeze coming in the not too distant future here...

Just have to whether today and possibly the next day or two.

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