RE: Btc $21k now. Bears, shorts to get wiped next week14 Jan 2023 09:16
Just read this.
In the midst of the now rare upside, Bitcoin unleashed serious pain for the Bears, liquidating hundreds of millions of dollars in short positions.
According to Coinglass the period from January 11th onwards saw nearly $300M of short liquidations.
I think the rush from the shorts closing and the buying pressure on Monday is going to be all out war. Like I said earlier, 5,000 piranha fish fighting over an eight ounce steak springs to mind.
I’m gonna try for another 15,000 but I’ll probably get trampled to death in the rush lol lol