LONG - 39k target over long weekend. Short squeeze incoming
Traders are now net short according to futures exchange data. With all the FUD and Youtube videos calling for 20k Bitcoin, this is no surprise. The herd is usually wrong, so taking a contrarian approach will yield good results.
This usually means we will see a short squeeze. Expect a big 10%+ move to 39k over the long weekend.
This usually means we will see a short squeeze. Expect a big 10%+ move to 39k over the long weekend.