BTC shorts to high to short ?

short squeezy incomming ?

Attached: btcshorts.png (766x550, 45K)

idk if this meme works anymore

I have no idea what I'm looking at

Retard

greens = shorts incoming

HI. You are gazing on le money snek. He is a snek that's made entirely of money. Normally he's a lively fellow who enjoys a slither about. I hope this answered your question.

its a chart that supposedly tells you how many people are shorting right now ? i dont get the 37,628 part, pretty sure no one is buying at that price

that's what people said when BTC was at 7.4k
then they got fucked in the ass

Attached: sayo-nara.png (1280x720, 1.68M)

it doesn't arthur is getting lazy

It is the number of short orders not the actual price.

It’s actually a pretty good indicator of near future upward movement. If you look at the number of short positions versus the price, when shorts spike that high, it’s almost immediately followed by a short squeeze. Not a ton of historical data before 2017 but shorts were at ATH in Oct 2017, Apr 2018, Aug 2018, and now. The last two times price went up significantly within a week. It’s retarded as fuck to short an asset that’s 70% down from ATH anyway. They’re about to get rekt