Congrats to all those who bought, held, or dcad into btc. Retail is now short heavy. Every time retail is short heavy we have a parabolic bull run.
This is extremely bullish. Like extremely bullish.
There has not been a time where we started a bull market and retail was majority longing. They always short into bull run and buy into bear market. We will see sustained upside.
Lambo soon, dca/buy & hold
Too many retail shorts = we go moon
byu/oldlifeoldname inBitcoin
Posted by oldlifeoldname
2 Comments
Data is from mdxalgo “L/S % (Retail Traders)” today on the daily: 65.99% short
I would provide a pic in post but posts w charts seem to get removed asap due to TA.
Either way, buy and hold boys see u in a brand new 750s very soon
Wow what incredible analysis worthy of a post