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JohnNMex

Incoming short squeeze or is the bottom close?

Bitcoin (BITFINEX:BTCUSD)  
JohnNMex Aggiornato   
BITFINEX:BTCUSD   Bitcoin
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At or near the last 2 bottoms the number of shorts was at an extreme level. Could this time be the same? For the moment on the high time frames we have bullish divergence on MACD, RSI and Stoch RSI.
Commento:
Commento:
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Reasons for buying at 6k? right at the support of the fork, bullish divergence on major TF (inclunding daily) on RSI, MACD and SRSI also had bullish divergence on major TF, W bottom on bollinger bands, shorts at an extreme level.
Commento:
snapshot

Short squeeze.

Idee correlate

JohnNMex
We bought the dip but where do we sell?
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