Is this the bottom?

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Im seeing bullish signals for the first time in months

Elaborate

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I thought for sure we’d fall to the next retracement level at $4850

>6k
>Bottom

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Yesterday there was a sudden dump that normalized quickly could have the same today.

This fucking pattern is making no sense. Only thing I know is that I'm getting rekt on my every move I make haha.

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Not even close. Shitcoins like LINK need to hit zero before that happens.

There is no bottom.

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Could be. Could be.

seems like a fractal to me....i guess in the next few hours we are going to find out.....
the only problem i see is that there arent anough shorts (they havent been this low since 10/06) to cause a big squeeze like last time and longs are getting dangerously high so maybe its a trap.....but as of now it looks like we could shoot to 6700ish


...also yeah i know i use to many memelines.....but they work....mostly....

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3k is bottom, but I have no idea when it's going to happen

LONG SQUEEZE INCOMING

2024 after complete BTC collapse from 768K and XLM is the only coin left standing with 10 Trillion marketcap

also chichimoku cloud is thin, bollinger is getting tighter than my boypussy....something big is going to happen very soon

This is it. 10,000 more longs than shorts right now. The shorts just got cut down a few days ago when we went from 5800 to 6300, and they're not coming up nearly as much. Everyone is thinking this is the bottom and going long, so guess where we're going?

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Up?

It can't be this easy

LIES

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idk man...i have a 9k (3x) short that i opened at 6158 and a 2k 30x long i opened at 6060 (the stop is the liquidation on this one though).....im afraid that it could do the same judas swing/dying heartebat trick it did 2 times already in the last 2 days and fuck me up on both ends....
but my body is ready...

6 was always gonna be the bottom.

Those longs aren't necessarily on margin.

Bitfinex counts any BTC buy as a long.

It could just be people re-buying Bitcoin for the long term. Whereas when the shorts are high you know they'll have to close them at some point in the near future.

hm...thank you for this user...also the longs growth seems kinda more organic than the shorts growth we have seen in the past..

also how does it measure the amount of longs/shorts...is it in btc/usd quantity or simply amount of positions going short/long?