Shorts could push bitcoin
The bitcoin price formed a new 2019 high towards 5,590 this tuesday and its likelihood of testing 6,000 to the upside has increased. Home wallets eth. Many exchanges allow this type of trading, with margin trades allowing for investors to borrow money.
Full credits for this video to newsbtc who listed the info in this video on an. All the options to short in common markets are becoming available in the bitcoin market, said charles hayter, co-founder of market tracker cryptocompare. Currency specialists the chinese.
The analyst noted that whenever traders push btc shorts positions in the overbought area, the probability of a bitcoin price jump increases. Were starting the next bubble, and i think this bubble ends between 100,000 to 200,000 per bitcoin sometime in 2020. One of the easiest ways to short bitcoin is through a cryptocurrency margin trading platform.
News heres how shorts could push bitcoin price above 6,000.
For the most complete data on all crypto currencies check httpscoincheckup. Anderson, a cryptocurrency analyst, revealed the proximity between the bitcoin price and the btc shorts behavior in his latest statement. His latest price prediction pushes bitcoin into the stratosphere as the next bubble, he believes, starts to grow.