This time the ETF rejection that will be announced this week is priced in - Bitcoins

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Tuesday, 21 August 2018

This time the ETF rejection that will be announced this week is priced in

This time the ETF rejection that will be announced this week is priced in
/u/tedjonesweb

So, don't expect big drop. Maybe we will see a small drop and then - short squeeze.

Now short positions are close to the record high (at Bitfinex).

Type this into TradingView to see the difference between shorts and longs:

BITFINEX:BTCUSDSHORTS-BITFINEX:BTCUSDLONGS 

Also, "institutional investors" already have a various methods to buy Bitcoin without using the ETF.

Remember: not your keys → not your bitcoins.

submitted by /u/tedjonesweb
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