BMT is paying shorts 1.32% while being aggressively pushed up 0.4x—this is the spark for a short squeeze.
Shorts are taking the subsidy and still adding to their positions; the more crowded it gets, the more it looks like fuel. The price is holding right at the 0.02959 high. I'm calling long and waiting for the squeeze. If it breaks below 0.021, this trade is invalidated.
I'm going all in—I'll burn the shorts' fuel. $BMT #CryptoMarket
Shorts are taking the subsidy and still adding to their positions; the more crowded it gets, the more it looks like fuel. The price is holding right at the 0.02959 high. I'm calling long and waiting for the squeeze. If it breaks below 0.021, this trade is invalidated.
I'm going all in—I'll burn the shorts' fuel. $BMT #CryptoMarket
