Paraman666

BTC - prepare popcorn for the big show, that´s coming

BITMEX:BVOL24H   Bitcoin Historical Volatility Index
BTC is ready for gigantic move and I was more bearish bias, current correlation between highcaps/bitcoin is possitve, they are moving in same direction and I expect highcaps to dump, so that´s why I am more bearish. BUT there is huge BUT. This recent price action seems obviously pretty bearish for most people, because otherwise I don´t understand that HUGE decrease of longs in bitmex. So now I am more bullish about this big move. I mean we can easily go to 13000-14000, this move will be HUGE. But still chances are very even, so I will be very careful, to not end on the wrong side.

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