Look at those shorts go. Keep it up bears, this is going to be amazing

Look at those shorts go. Keep it up bears, this is going to be amazing.

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bears are gonna be forced into a corner

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Hmm a nasty bear market has more shorts than longs strange.

Are you expecting a proper crash? Or the bears to get fully JUSTed?

Look at the picture, what happened last time shorts got this high?

On Thursday some literally who etf is going to be rejected. They'll use that as an excuse to dump.

Absolute carnage. Volume has been so low that $6600 seemingly can't be properly breached though.

bears will get JUSTed. Look at April 12th this year to see what happens. Shorts were at all time high, and right now we're approaching the same level. stay safe newfriend

the 1000 dollar candle, man. to bad i missed it

doesnt shorting a stock imply that you will just buy it at a later time??

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When everyone thinks it will happen, it doesn't. These shorts don't feel right

shhhhhhh
it wont happen if you dont shut the fuck up

I really want this to hit a new ATH. This market is being wound up like a spring ready to burst.

When ETF gets rejected this Friday then it'll dump

Do you really think those retards getting in on a massive short pump actually come to Jow Forums?

that normally works, but the key here is that there is massive financial incentive to liquidate these shorts rather than pay out.

yes, short selling works like that. I borrow a stock from you today for $10, fully believing its value will drop. I sell it immediately for $10. If my call is correct, the price will drop to say, $7 and I buy back cheaper. I then return the stock to you and pocket the difference. What happens if the value goes up though? you're now underwater

>haha YES cant wait for my arbitrary enemy the BEARS to be defeated in a short squeeze

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The fact that everyone is shorting means not everyone thinks it's going to happen. This is simple fucking logic. Jow Forums and it's sentiment does not represent crypto as a whole.

Max leverage on bitfinex is 3.33x

So the price would need to go above 8k to liquidate most of them.

Couldn't even get to 8.5k last month.

YES. mini alt szn pls.

i never understood was this chart shows, open short positions or leveraged short selling orders?

I get it all that, but still it doesn't f e e l right.

Sorry your team sucks.

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My asshole is ready

I started leverage trading against these spikes wether it was longs or shorts, work every time.

I have no doubt that this market is manipulated to hell and back, there are whales baiting idiots into shorting/going long and then they marging rekt u.

How exchanges go unpunished for this is beyond me, but it’s real.

Show me a single spike in shorts/longs where the market didn’t bart up or down against the majority of positions.

>Max leverage on bitfinex is 3.33x
It's safe to assume bitmex users have been shorting down here as well, average bitmex leverage is around 8x, I think 6700 is where the liqs will start.

Just shows how stupid you are that you are STILL holding despite the overwhelming majority of people having already opened their eyes to the true direction of this ponzi.

>

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You beaars really think this creature is going to give you his money so easily?

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He can't print so much tether.
The whole market is going down, not just Bitmex.

DA BEARRRRS

>muh feelz
Family, just long it and thank me later. There are trades that you should just take without overthinking. You'll be happy you longed it by this time next week.

What when it dumps after ETF is rejected? Sure thing buddy.

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>yo senpai

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Short this with leverage and you might make it.

You are never going to make it.

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>webm
absolutely disgusting fat shit

>ETF rejection
This is the new China FUD. Brings down the price once or twice but people stop giving a shit afterwards. Nothing will happen if it's rejected.

Beaner cooking.

It's about the snowball that can occur as a result of the start of a short squeeze. Dont have to pop them all at once.

We ATH now

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I agree, it just seems too obvious... There are too many analyses all excited about a short squeeze on tradingview. It feels like all of the analyses all excited about a yield curve inversion... it hasn't happened yet and it's unclear if it will happen soon enough to matter to most traders.

Can someone explain to a retard what this chart means?

Shorts have gone parabolic

This means (((they))) are incentivized to drive the price of BTC up and liquidate bearfags

JUST SQUEEZE IT ALREADY SO WE CAN MOVE ON WITH OUR LIVES

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Shorts are idiots who are making a bet for the market to go down. If the market goes up they get liquidated. When they are cranked up the way they are now, that means it can can create a snowball effect when the market pumps, to make it go nuclear in green.

We are at ATH right now. When the market decided to reverse the chances are that we will go full bull.

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