Shorts at new all time high (ATH)

It is clear that Bitcoin price was a bubble. Too high or too much of everything can cause a bubble, like a Tulip bubble.  We warns you of potential short positions bubble, also known as, short squeeze. Once we hit the support, the area of interest for whales, move of $500-1000 could happen in couple of minutes and close all these short positions. Every opened long position has to be close by openingn ...

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Citron’s Andrew Left says: “I Would Short Ether Before Bitcoin”

"I'd rather short ether." Andrew Left, the activist short-seller behind Citron Research, told CoinDesk on Tuesday that he thinks both bitcoin and ether, the cryptocurrency of the ethereum network, are "bubbles." If he had to choose one, though, he'd bet on ether's price to fall. Left is known for writing explosive reports into companies like the Canadian pharmaceutical firm Valeant, arguing that investors should short them. His comments came a day after he ...

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Bitcoin Risks Deeper Pullback After Drop Below $9K

After an overnight drop, bitcoin looks to have found acceptance below $9,000 and risks a deeper pullback, the technical charts indicate. The cryptocurrency hit a one-week low of $8,652 on Bitfinex earlier today and is now trading at $8,700. The 10-percent decline from the weekly high of $9,767 on Wednesday has neutralized the immediate bullish outlook. Further, the failure to hold above the key technical levels - descending (bearish biased) 100-day moving ...

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