This is a continuation of the previous idea.
Bitcoin traders have been beaten down more in 2019! Here is the proof.
The surprising rise in April was not anticipated at all, soon the market saw a short squeeze. Then the traders made some profit from the rise till $13,800 closing their long orders.
However, after that, the reversal above 30% and then 36% kept on increasing the long traders vs long trades. It seems the market is long now. The probability of long squeeze is very high!
Bitcoin traders have been beaten down more in 2019! Here is the proof.
The surprising rise in April was not anticipated at all, soon the market saw a short squeeze. Then the traders made some profit from the rise till $13,800 closing their long orders.
However, after that, the reversal above 30% and then 36% kept on increasing the long traders vs long trades. It seems the market is long now. The probability of long squeeze is very high!
