over the past 48 hours, shorts have reduced their position by 60%+ and they show no signs of stopping
this is based on the 'BTCUSDSHORTS' ticker. shorts have not sold their position this much since June 30, 2019. they are taking profits. from about $900M to $300M. this could mean a few things: the $33000 level is the lowest level whales deem think Bitcoin 'should be' worth, for the next few months. confidence in…
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