As the price of Bitcoin was tumbling yesterday, I noticed that the amount of margin short positions being opened on Bitfinex began to grow significantly.
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Thanks for giving us your outlook on the Bitcoin situation. I'll continue to buy as it falls. The short squeeze scenario you present is helpful. Love to see different views and I'll keep this post in mind if we see a sudden spice in BTC price.
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You're welcome. Let's see if the short squeeze actually materializes this time.
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To the question in your title, my Magic 8-Ball says:
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Yeah wait for best yet to come.
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