BTCUSD: shorts dance
All kinds of price to shorts correlations: why there is a tiny chance to make a decent TA on that.
1. BTC was low, expected to rise: BTC rise, shorts down (liquidating)
2. BTC was correcting, expected to rise: BTC down, shorts down (cut losses)
3. BTC was high, expected to be corrected: BTC up, shorts up (open)
4. BTC was high, correction was uncertain: BTC up, shorts down (closed as risky)
5. BTC was high, dropping: BTC down, shorts up (open).
Not a financial advice.
1. BTC was low, expected to rise: BTC rise, shorts down (liquidating)
2. BTC was correcting, expected to rise: BTC down, shorts down (cut losses)
3. BTC was high, expected to be corrected: BTC up, shorts up (open)
4. BTC was high, correction was uncertain: BTC up, shorts down (closed as risky)
5. BTC was high, dropping: BTC down, shorts up (open).
Not a financial advice.
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