idk too much about shorts, what does this chart represent?
what are those 2 lines?
RE: So long, shorts. It's been fun.
You are viewing a single comment's thread from:
So long, shorts. It's been fun.
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Shorts borrow BTC and sell it, hoping to buy it back later at a lower price and keep the difference. Red line represents the amount of BTC borrowed and sold by shorts. If the price of BTC rallies, shorts will be forced to buy back their borrowed 40,000 BTC at market prices. This is called a short squeeze, and results in dramatic price increase as short positions get forced liquidated.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You have to write posts like this comment. That way many more newbies like me get educated. And sometimes we can have a discussion.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
In time the savage bull doth bear the yoke
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
lol
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Bearish channel pattern that shows imminent drop as it was on the left side.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit