Bitcoin Warning! DO NOT GET LIQUIDATED.
Added 2022-03-25 02:16:41 +0000 UTCBitcoin has been slowly rising for 11 days with negative funding rates increasing as price goes up. This shows shorts piling up heavier and heavier as price increases and likely people underwater adding to shorts. This often leads to the perfect storm for a short squeeze. If you have been following the market reports here you would know to have LONGED at the bottoms of all 3 of the lasts dips but this warning is for anyone trying to short here or counter trend trade. This doesn't have to play out as a short squeeze and very well might be the top before a big move down but just be careful out there if you are trying to pick a top as it only takes one bad trade to ruin your bank roll. By the way this isn't a price prediction saying there's a short squeeze coming but just a reminder to never get caught adding to a losing trade and to always trade with the trend.