Rope in More Shorts Then Pump It LONG BTCUSD SOON

24 lis 2019

I'm sensing a lot of people throwing in the towel on the bull run. The market tends to burn the crowds so I think they will suppress prices for a bit to rope in as many shorts as possible then pump it while everyone is too afraid to buy. Funding shows that the bulls have become more tired each time price ascended since this summer, yet we've really not seen a bearish switch in sentiment. I would think around 7k is the floor, yet I don't think price goes higher until sentiment becomes more bearish. So I think the game plan is to buy dips and take quick profits until sentiment becomes very bearish, and that's when long positions might be able to be held a bit.