Post #1107

The short-sellers have completely lost their instinct for self-preservation ⬇️ There are currently $8 billion of shorts open in the market, compared to a mere $200 million of longs. The imbalance is simply historic. Just recently, market makers already staged a demonstrative punishment - a short-squeeze technically wiped out $400 million of positions. If the price were to give even a minimal upward impulse, a chain reaction of margin calls could be triggered. The panic selling and liquidations of short-sellers will become rocket fuel for Bitcoin's pump, even without any news 🚀