Approaching ATH again

that's why I said "approaching"

where can i see this graph

tradingview

BART

4-5k is bottom

maybe if panic is super mode we will go below 4k for short amount of time.

hodl boys - its soon over

so it's safe to short now?

it is not safe there may be bounce that will rekt the shorters staying on the sideline is likely the best approach right now

you know how i know you're literally all newfags with $50 in shitcoins?

nobody here is talking about futures expiration

there's only one direction btc is going after friday

so the shorts are all going to get justed?

the shorts will not be allowed anymore?

that's pretty fascinating, sorry for brainlet

what? no
there's a reason there are so many shorts right now
there's a reason why btc just dumped like fuck in the last few days

infinite futures on bitmex?

The market is manipulated as shit. If too many people short, the powers that be will make BTC jump 1k in minutes to rake in all of the shorter's money.

let me put it this way

it will happen like fucking clockwork as it has done since Dec

... it dumps to zero

Shorts provide liquidity for an upward movement

yeah fuck off it doesn't work like that

Elaborate for brainlet

oooh now i get it, you cant go up without throwing a lot of money out of the window, it's better if people stack up a lot of shorts at a low price and you eat them up and pump

Too early.
Also who the fuck shorts at 6k lmao.

Happened in April aswell though, shorts went to an ATH and it pumped. Same will happen here probably, we're in limbo. 6k is panic zone, 9k is exhuberance zone, we can't go lower or higher because people are emotionally nuts

this shit is too obvious they won't wipe them this easily

everyone who believes it will fall to 5k

futures expiration date comes around
last month was long
this month is short
as soon as this calendar month's futures expire
it will be long again

big money shorts contracts until expiration date
closes contracts; makes money
buys cheap bitcoin
buys long contracts for next month

repeat

Exactly, same with longs and downward movement, when shorts are low is when the market is the least likely to go up (or it's in a bubble)

I dont get it.
They missed out at 10-7k and now they are taking a huge gamble.

this just blew my mind a bit, does bitmex also have a page where you can see the shorts and longs charts?

what is the fucking date?

what is the fucking google
jesus christ

Dumbass, the futures expiration is today for CBoE. CME futures dont expire until last Friday of this month. After today, you'll see these short positions get rekt.

yes that is what i'm saying
though i did mean today for cboe instead of friday

tradingview.com/symbols/BTCUSDSHORTS/
tradingview.com/symbols/BTCUSDLONGS/

All the entitled newfags ITT crying WHAAAAHHHH TELL ME WHUT TO DOOO

Attached: hellonewfriend.jpg (900x400, 201K)

1k green candles after sideways bottoms makes these people insane money. More than normies csn dream of from shorting down to 1 dollar up longing up to 50k

I am stopiff what does it expire?

Attached: futures.png (150x24, 2K)

>muh expiration
priced in you subhuman pleb. you poorfags are disgusting me.

>priced in
i don't think you understand how futures contracts work user lol

the fact that you think it cant be priced in, is priced in aswell btw.

i'll help you out
this is how it works

>as soon as this calendar month's futures expire
>it will be long again
opinion discarded. you are gambling on it being long

okay

Futures are settled in cash you brainlet. They aren't buying and selling btc.