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Bitcoin is currently heavily shorted. Shorts are doubling their positions each day. Short Squeeze very likely.

Bitcoin Reddit

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Short interest in Bitcoin is insane right now. We're about to see a facemelting short squeeze like never before if we can keep this buying pressure up -- New ATH incoming!

Don't fall under the pressure. Keeep buying! Saylor please sell more bonds and buy millions of bitcoins ASAP!

And if you have bitcoins on any exchange (or staking/lending services such as blockfi) transfer those to your private wallet so they can't lend them to shorts.

Source: https://www.tradingview.com/symbols/BTCUSDSHORTS/

Related: https://www.reddit.com/r/Bitcoin/comments/nx3h1a/bitcoin_longshort_ratio_on_binance_has_been_an/

submitted by /u/polloponzi
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