Get started
Bitcoin / US Dollar IndexBitcoin / US Dollar IndexBitcoin / US Dollar Index

Bitcoin / US Dollar Index

No trades
See on Supercharts
Overview News
Ideas
Discussions Seasonals Markets

BXBT trade ideas

Shorts stacking while btc trades in limbo of next moveI am very hesitant to short anymore what with the skyrocketing short positions. The long positions remain higher - BUT - since the 7th they've gone up a mere 3k from 43 to 46k whereas shorts have skyrocketed from 1,500 to 19,000 in the same time frame and remain very high. Some may be using this as an indicator to give further credence to taking their own short position, however I am worried about a potential short squeeze the higher up they go. If its liquidity that moves markets and massive sell-side liquidity is building, could that not alter the very course of bitcoin at least to an extent? I don't know what is going on rn and therefore am limiting my trading to essentially scalps. I am wondering if this is a case of, everyone caught on that price was going to dump tremendously and thus the market is reversing course to take out as many shorts as possible. Perhaps even getting ready to form an uptrend now where there was supposed to be downtrend continuation. I don't like it one bit, having had a bearish outlook until we get to the lower 20s with what I have estimated to be perfect very low buy targets set on alt coins. It is possible that push to $38,500 marked the last local high before btc cascades downwards like a waterfall. But as price action unfolds and we continue to look at all the little clues along the way, we have to be willing to continuously re-evaluate and readjust our expectations. Right now mine are in limbo, much like the price of bitcoin.
BITFINEX:BTCUSDSHORTS
by ClearOpenDoor
30
BTCUSD SHORTS record high!!! Again we continue to observe BTCUSD SHORTS mounting and reaching record high. What does this translate to? 1) The market sentiment is bearish 2) Market volatility is expected to be high 3) Place your bids low to catch BTC... if it falls. Mine are set at 27.5k and 25.5k 4) Expect BTC to pump liquidating the shorts, then it may or may not fall. This remains pure speculation. 5) Have tight SL for your Alts, and exit those in the green to USDT. Of course nothing here is a financial advice... I am sharing my analysis for you to play it safe, but still DYOR.
BITFINEX:BTCUSDSHORTSShort
by eBlockChain
2
BTC What are you up toI am posting this chart too, since there definitely is 2 scenarios that can play out here. After studying some other data and seeing how short positions have spiked very high this could also mean that there is absolutely no reason to visit 25k before continuing this rally up. The longer the price holds in this 30-40k range the more people are going to jump in to all kinds of positions with leverage and whatnot. Bitcoin is building up liquidity on both sides by doing this, below 30k and above 40k.
BITMEX:XBT
by Chartmanderr
1
Bitcoin Trade Setup - Swing Trading Shorting OpportunityBitcoin Trade Setup - Swing Trading Shorting Opportunity Bitcoin looks weak but that doesn't mean you short it right now. It is forming a triangle pattern and so let it breaks the downside. You can short Bitcoin once it breaks the red supporting zone. If you're a conservative trader, then wait for a break from the red zone and retest the red zone again. If you get any rejection at this key area of value, then you're good to go for short. Follow me, to get the future prediction.
BITMEX:XBTShort
by AkmeAnalytics
Difference Between Views..! Acceptance matters..!Beginners look at a single big green candle and hope for reversal..! Pros look at the trend and trade the most probable scenario..! compare these two scenarios: if you did short bitcoin with a 10% stop loss every single day in the past 56 days what would be the outcome? if you bought bitcoin dips in the past 56 days what would be the color of your portfolio now??? look at your portfolio, it represents your trend recognition ability..! Do not Forget I have 35 Long analyses on bitcoin between September 2020 and April 2021. I published more than 25 Short analyses on Bitcoin between April 2021 and today. September: My first buy analysis April: My first short analysis: Being a Professional analyst means : Updating your views constantly based on the new data market provides to you..!
BITMEX:XBTShort
by Moshkelgosha
2
Seriously? Short accumulation on BTC??Do you remember our analysis from 1.May? You should check it. We predicted bitcoin dump. See a charts of short position. Do you really think that bitcoin will go down and most of traders who have shorts now will be rich? Only 10% of people are longterm successful in trading. If you want to be successful too you should do what 90% people don't. This chart shows opening shorts on bitfinex. But if you want to earn money on short somebody should sell and price should go down. But if you have stoploss on your position then stoploss mean you will buy higher and of course price will go up. Very soon can come short squezze and bitcoin can start new bull rally.
BITFINEX:BTCUSDSHORTS
by UltimateCryptoTrader
6