Bitcoin breaks $7000! 🔴BE CAREFUL🔴

in bitcoin •  6 years ago 

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  ·  6 years ago (edited)

Go Btc Go ...I think going to 9000$ with a huge spike to liquidate selling positions.

  ·  6 years ago 

If some other shorts will be liquidated, we might go to 7500-8000, right? As you mentioned FOMO between institutional investors, as you said in some previous videos - if they were buying massively at 6000 level, they might get FOMO very soon because if the price won't come back down, they actually losing money (or let's say they buy less bitcoin for the same money).

Shorts are/were getting rekt slowly. They probably learned from the last brutal short squeeze just recently.