If Gold chart is anything to go by... for bitcoin shorts.
Similarities:
- They went very very high relative to expectation too soon. Aug 11 was the peak for Gold. Jan 9 was the peak for BTC.
- Shorts, esp the ones in odd hours, to liquidate a lot of positions at once - with an intension to move the market prices, kept coming, for Gold.
What do you think?
- They went very very high relative to expectation too soon. Aug 11 was the peak for Gold. Jan 9 was the peak for BTC.
- Shorts, esp the ones in odd hours, to liquidate a lot of positions at once - with an intension to move the market prices, kept coming, for Gold.
What do you think?
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