Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Is it just me or are people getting sick of the falling and starting to short bitcoin? Because I have this urge to short but I feel like I'm being manipulated...
Is my tinfoil on too tight?
Is my tinfoil on too tight?
Nope. Shorts getting squeezed.
Doesn't the price go UP during a short squeeze?
Indeed. Like when Volkswagen had a brief moment in the sun as the world's largest company.
http://www.reuters.com/article/2008/10/28/us-volkswagen-idUSTRE49R3I920081028
reminds me of another chart I've seen somewhere...