BTC short squeezed...fake rally! back to 70k soon
2024-12-17
Category: None

Let's not get fooled by the ATH every day with BTC. Short sellers are getting squeezed and have to buy back at market asap. This is a fake rally and retailers going in now will get wrecked for a long time. Expect a hard pull back soon around 70k (or lower). This has happened every time and the Champgne effect of the Trump push will simmer soon. There is a disconnect between price and value. Don't let crypto bros sell you the moon and HODL BS...if you're going to go in, do it during the recovery not the ATH as you will be holding a bag for a while! 

Best of luck and safe trading! 