Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by JayJuanGee (1)
However, the ponzi chain of known and unknown companies shorting tens of thousands BTC is something we didn't have before. And this should be kept in mind and not to be so sure about PlanB or similar simple demand-supply predictions. 
This is a truly interesting development. With the approved US short ETF, and possibly manipulation by big money.
But there is always a flip side to shorts that can be insanely bullish indeed. If they are forced to cover, well it will be quite the show. If they are able to choose to? Then it will be the bottom.