Thread by @edwardmorra_btc

Shorts ATH again, what could possibly go wrong?

Johnny, shorts keep on adding weight faster than your mama, be careful

Not much of sentiment trader, but here are some thoughts: shorts keep rising at unprecedented rate, yet price barely moves. We are kissing this level for 10 days already, if we were to dump - why wouldn't we already? This either the 1st time in history where crowd profits, or...

...or this is simply an accumulation phase.
The most scarce thing is not BTC or gold, it's liquidity. There is a lot less liquidity than needed for everyone. Markets work extremely simply: if everyone (almost) sold (shorted) who else left there?

We have to understand that all those shorts will be covered at some point pushing price up like impulse grenade from fortnite. I find it very hard to believe MM will want to share his liquidity with retail traders.
Market sentiment is pretty subjective thing, but still.

According to Wyckoff, MM fools public to believe we go down = public go into shorts, then he fills his longs where retail open shorts. Boom = fuel for moon in form of SL does him a favor

TAwise - yes, we are bearish, lol it's obvious, so obvious it is suspicious. I have my fractal chart with V-neck awaiting and ready to play it either direction, I am ready, but just trying to figure out what market holds for tomorrow

Ok, will put it this way for comments: If you selling (shorting), whom are you selling? Someone is buying your shorts. If y'all bears, then who is buying every single of your short?

ib4 y'all will be contrarian'ed
investopedia.com/terms/c/contra…

sTo put it visually: we might see new low, as a ST (secondary test) or even "spring" later on. We did have SC (selling climax) on 6 Feb for sure. That was the single most powerful selloff. Chances are we won't see the same sell off again. This simply can be an accumulation

The purpose of that thread was as follows: if you think you genius and be able to buy $BTC at 3-4k and below, think again. World doubts you're genius