Bitcoin (BTC) Bears Are Playing With Fire

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Most retail traders at this point are leaning bearish. It is true that there are still plenty of people out there that think that Bitcoin can go to the moon but we are interested in retail traders not hodlers or long term investors. Most Bitcoin bears have their shorts between the $10k and $9.2k range. There is now a growing number of unhedged shorts which has increased the probability of a bullish breakout aimed at shaking out those positions.

We continue to expect near-term upside and will be entering short positions only on confirmation. Markets are constantly in a state of flux. If you'd like timely updates, follow us here:

ETACAP: https://bit.ly/2C4wC8k
Common Objectives: https://bit.ly/2VGKSLF
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