Unbelievable!
It’s up 7.73% in $BTW 24 hours, while open interest has actually dropped 15.02%! Looks like the shorts are lining up to close their positions.
But short covering alone won’t keep this going for long—the key is whether new money will step in.
Are you leaning bullish or bearish from here?
#BTW
It’s up 7.73% in $BTW 24 hours, while open interest has actually dropped 15.02%! Looks like the shorts are lining up to close their positions.
But short covering alone won’t keep this going for long—the key is whether new money will step in.
Are you leaning bullish or bearish from here?
#BTW