I think these large shorts are suppressing BSV price discovery and invalidating wave counts.
Ive just followed long-standing lines of support and sketched a possible path along lines of confluence with the fibs.
I believe that all the suppressive action over the last few years will have an equal and opposite reaction to the upside when the positions shorting BSV unwind and a real short-squeeze begins
Other bullish news is that Robinhood recently allowed users to trade BSV which is a huge on-ramp
Coupled with my belief of IMMINENT altszn BSV could decouple and pull this off.
The timings of marketdips in the upcoming bear market seem reasonable. Also BSV as a fork of BTC could outperform DRAMATICALLY (along with BCH) as a constant and ever-growing threat to (BTC's grip on) SHA-256 miners
BSV has constant 90%+ short/long ratio in some exchanges which I see represented by the very unnatural wave patterns which so often play out
Ive just followed long-standing lines of support and sketched a possible path along lines of confluence with the fibs.
I believe that all the suppressive action over the last few years will have an equal and opposite reaction to the upside when the positions shorting BSV unwind and a real short-squeeze begins
Other bullish news is that Robinhood recently allowed users to trade BSV which is a huge on-ramp
Coupled with my belief of IMMINENT altszn BSV could decouple and pull this off.
The timings of marketdips in the upcoming bear market seem reasonable. Also BSV as a fork of BTC could outperform DRAMATICALLY (along with BCH) as a constant and ever-growing threat to (BTC's grip on) SHA-256 miners
BSV has constant 90%+ short/long ratio in some exchanges which I see represented by the very unnatural wave patterns which so often play out