A friend just asked me: “A certain address’s BTC short position was liquidated for about $15.45 million within two hours.” Is that a good thing or a bad thing?
My answer: It’s somewhat negative in the short term, but bearish news ≠ prices will keep falling. Once the panic has run its course, a turnaround often becomes more likely.
$BTC What do you think?
#BTC
My answer: It’s somewhat negative in the short term, but bearish news ≠ prices will keep falling. Once the panic has run its course, a turnaround often becomes more likely.
$BTC What do you think?
#BTC
