Forced Short Squeeze
Exactly what I wrote few hours ago! Bulls used their money on Binance, Bitfinex, Bitstamp to pump price up! They probably lost up to 10% because of that! But, they made at least 100% on Bitmex and overall profit for them is huge considering that they are using millions to trade!
Simply, they opened longs on Bitmex, waited for Bitmex to get down and they started with pump on other exchanges! They caused difference in price and it caused others to think they they can easily catch $50-100 move. They put orders and waited for Bitmex to come back! Then we saw auto trading, that was extremelly volatile in altcoin market! Some alts went up to 400-500% on Bitmex but they dropped down just few minutes later!
Now, there is not short positions on alts for sure because move was bigger than 100% so all positions were liquidated! What is even worst is that there are a lot of longs opened and if the profit wasn't booked instant, it is now huge loss! So, I was talking about double pressure on Bitcoin, but double pressure on alts is huge! I wouldnt be surprised to see alts in double digit loss very soon! Simply, there is huge amount of potential shorters and huge amount of longs that are in loss! After short squeeze, we could easily see long squeeze but this time it can be even worse!
https://cointelegraph.com/news/crypto-markets-see-green-amid-talk-of-forced-short-squeeze-on-bitmex
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Exactly what I wrote few hours ago! Bulls used their money on Binance, Bitfinex, Bitstamp to pump price up! They probably lost up to 10% because of that! But, they made at least 100% on Bitmex and overall profit for them is huge considering that they are using millions to trade!
Simply, they opened longs on Bitmex, waited for Bitmex to get down and they started with pump on other exchanges! They caused difference in price and it caused others to think they they can easily catch $50-100 move. They put orders and waited for Bitmex to come back! Then we saw auto trading, that was extremelly volatile in altcoin market! Some alts went up to 400-500% on Bitmex but they dropped down just few minutes later!
Now, there is not short positions on alts for sure because move was bigger than 100% so all positions were liquidated! What is even worst is that there are a lot of longs opened and if the profit wasn't booked instant, it is now huge loss! So, I was talking about double pressure on Bitcoin, but double pressure on alts is huge! I wouldnt be surprised to see alts in double digit loss very soon! Simply, there is huge amount of potential shorters and huge amount of longs that are in loss! After short squeeze, we could easily see long squeeze but this time it can be even worse!
https://cointelegraph.com/news/crypto-markets-see-green-amid-talk-of-forced-short-squeeze-on-bitmex
If you like our work, you can award us by inviting your friends and helping us grow our community.
Cointelegraph
Crypto Markets See Green Amid Talk of โForced Short Squeezeโ on BitMEX
The crypto markets are seeing a second flush of green, with virtually all of the major cryptocurrencies seeing solid growth on the day, Bitcoin circling $6,700.
If you are short, this is the most bearish candle you can dream off! If we close like around this price with this candle, low bollinger band is going to be tested in our opinion!
https://www.tradingview.com/x/76cBSWl6/
We are still waiting for ETF decision! It should be very soon! This drop is maybe sign that decision is negative and whales are dumping and opening shorts before official statement! You have to know that guys with millions have their sources everywhere and they will always have information before you! You can't compete with them, you can only try to predict their moves!
https://www.tradingview.com/x/76cBSWl6/
We are still waiting for ETF decision! It should be very soon! This drop is maybe sign that decision is negative and whales are dumping and opening shorts before official statement! You have to know that guys with millions have their sources everywhere and they will always have information before you! You can't compete with them, you can only try to predict their moves!
It wasnt some bullwhale, it was obviously BitMex saving themselves from making their company die
Then BitMex has a coordinated ddos (distributed denial of service attack) which shuts down the site and price dumps trapping longers underwater
And all of this a few hours before the ETF denial will happen. BitMex know just like most ppl know that the ETF will be denied. Shorts already at ATH with an almost guranteed dump after the ETF denial would mean BitMex has to take money from their own insurance fund since majority of positions (shorts) are in profit which i would guess they donโt want. So therefore they removed a big part of shorts from the markets and made them scared + removed longers and made them scared so that people would be scared of trading the ETF news.
https://www.ccn.com/bitmex-downtime-crypto-pump-manipulation-in-the-bitcoin-market/
Then BitMex has a coordinated ddos (distributed denial of service attack) which shuts down the site and price dumps trapping longers underwater
And all of this a few hours before the ETF denial will happen. BitMex know just like most ppl know that the ETF will be denied. Shorts already at ATH with an almost guranteed dump after the ETF denial would mean BitMex has to take money from their own insurance fund since majority of positions (shorts) are in profit which i would guess they donโt want. So therefore they removed a big part of shorts from the markets and made them scared + removed longers and made them scared so that people would be scared of trading the ETF news.
https://www.ccn.com/bitmex-downtime-crypto-pump-manipulation-in-the-bitcoin-market/
I just hope you were following our advice. Currently it is $400 down. You can book some profit and hold stop loss around 6500!
But it is too late to short it! We all know that it will be rejected so it can cause pump too because those who wanted to short they already did! I closed my short and now waiting for next entry!
Hey bros!! We will start here very soon the best pumping group of all the time. No prepumps ! Coin will be released on binance ! We will be holding for an half an hour and more everytime and not dumping on each others! But on outsiders that we atract thanks to social media together by spamming! Everybody will be making money in our channel! Are u searching for a real good pump channel ? We are the right ones if u wanna be poor do not join us, but if u want to buy yourself a new Lambo lets join and start to be a young rich pumper! Stay excited ! Stay tuned to us! We are young rich pumpers yeaaah๐ค๐ค๐ค๐ค
MCP๐ชฉExtras FREE pinned ยซHey bros!! We will start here very soon the best pumping group of all the time. No prepumps ! Coin will be released on binance ! We will be holding for an half an hour and more everytime and not dumping on each others! But on outsiders that we atract thanksโฆยป
๐ฃ PUMP INFO ๐ฃ
Time: 19:00 GMT โฐ
Exchange: Cryptopia (for start)๐
20 groups will participate
Around 100k members๐จโ๐ฉโ๐งโ๐ฆ
๐ฌ๐ง London 20:00
๐บ๐ธ New York: 15:00
๐ซ๐ท Paris: 21:00
๐ท๐บ Moscow: 22:00
๐ณ๐ฑ Amsterdam: 21:00
๐ฎ๐ณ India: 1.00
๐จ๐ณ China: 3:00
๐ฏ๐ต Tokyo: 2:00
STAY TUNED, STAY EXCITED AND WAIT FOR THE FLIGHT ๐๐ฐ๐ธ๐๐
Time: 19:00 GMT โฐ
Exchange: Cryptopia (for start)๐
20 groups will participate
Around 100k members๐จโ๐ฉโ๐งโ๐ฆ
๐ฌ๐ง London 20:00
๐บ๐ธ New York: 15:00
๐ซ๐ท Paris: 21:00
๐ท๐บ Moscow: 22:00
๐ณ๐ฑ Amsterdam: 21:00
๐ฎ๐ณ India: 1.00
๐จ๐ณ China: 3:00
๐ฏ๐ต Tokyo: 2:00
STAY TUNED, STAY EXCITED AND WAIT FOR THE FLIGHT ๐๐ฐ๐ธ๐๐
MCP๐ชฉExtras FREE pinned ยซ๐ฃ PUMP INFO ๐ฃ Time: 19:00 GMT โฐ Exchange: Cryptopia (for start)๐ 20 groups will participate Around 100k members๐จโ๐ฉโ๐งโ๐ฆ ๐ฌ๐ง London 20:00 ๐บ๐ธ New York: 15:00 ๐ซ๐ท Paris: 21:00 ๐ท๐บ Moscow: 22:00 ๐ณ๐ฑ Amsterdam: 21:00 ๐ฎ๐ณ India: 1.00 ๐จ๐ณ China: 3:00 ๐ฏ๐ต Tokyo: 2:00 STAYโฆยป
๐OUR FIRST BIG PUMP ๐
๐KEY POINTS TO REMEMBER๐
โก๏ธMake sure you enter your buy price at higher price then the current price. This will automatically fill at the first available price.
โก๏ธ BUY FAST and DONโT PANIC SELL. The longer we all hodl, the higher weโll push the price up! We want to dump on outsiders, not on each others! We do not do prepumps as well, only scam pump channels do that, we want to build wealth around our community and make you bros financial free๐น๐๐ป๐
โก๏ธDONโT BE GREEDY. We want everyone to do well and make money. So be sensible!
โก๏ธ As soon as you have bought, go to the Cryptopia Trollbox and shout about the coin. Open the link in a new tab so it is ready to go 10 mins before pump tomorrow: https://www.cryptopia.co.nz/Chat
โถ๏ธAnd last but not least, enjoy your profit๐ค, tell about it your friends your mama and get ready for next pump, take it easy and smooth bros, see you soon๐๐ป๐
๐KEY POINTS TO REMEMBER๐
โก๏ธMake sure you enter your buy price at higher price then the current price. This will automatically fill at the first available price.
โก๏ธ BUY FAST and DONโT PANIC SELL. The longer we all hodl, the higher weโll push the price up! We want to dump on outsiders, not on each others! We do not do prepumps as well, only scam pump channels do that, we want to build wealth around our community and make you bros financial free๐น๐๐ป๐
โก๏ธDONโT BE GREEDY. We want everyone to do well and make money. So be sensible!
โก๏ธ As soon as you have bought, go to the Cryptopia Trollbox and shout about the coin. Open the link in a new tab so it is ready to go 10 mins before pump tomorrow: https://www.cryptopia.co.nz/Chat
โถ๏ธAnd last but not least, enjoy your profit๐ค, tell about it your friends your mama and get ready for next pump, take it easy and smooth bros, see you soon๐๐ป๐
๐ฃ 24 HOURS LEFT TO PUMP ๐ฃ
Time: 19:00 GMT โฐ
Exchange: Cryptopia ๐
20 groups will participate
Around 100k members๐จโ๐ฉโ๐งโ๐ฆ
๐ฌ๐ง London 20:00
๐บ๐ธ New York: 15:00
๐ซ๐ท Paris: 21:00
๐ท๐บ Moscow: 22:00
๐ณ๐ฑ Amsterdam: 21:00
๐ฎ๐ณ India: 1.00
๐จ๐ณ China: 3:00
๐ฏ๐ต Tokyo: 2:00
STAY TUNED AND WAIT FOR THE FLIGHT ๐๐ฐ๐ธ๐๐
Time: 19:00 GMT โฐ
Exchange: Cryptopia ๐
20 groups will participate
Around 100k members๐จโ๐ฉโ๐งโ๐ฆ
๐ฌ๐ง London 20:00
๐บ๐ธ New York: 15:00
๐ซ๐ท Paris: 21:00
๐ท๐บ Moscow: 22:00
๐ณ๐ฑ Amsterdam: 21:00
๐ฎ๐ณ India: 1.00
๐จ๐ณ China: 3:00
๐ฏ๐ต Tokyo: 2:00
STAY TUNED AND WAIT FOR THE FLIGHT ๐๐ฐ๐ธ๐๐
MCP๐ชฉExtras FREE pinned ยซ๐ฃ 24 HOURS LEFT TO PUMP ๐ฃ Time: 19:00 GMT โฐ Exchange: Cryptopia ๐ 20 groups will participate Around 100k members๐จโ๐ฉโ๐งโ๐ฆ ๐ฌ๐ง London 20:00 ๐บ๐ธ New York: 15:00 ๐ซ๐ท Paris: 21:00 ๐ท๐บ Moscow: 22:00 ๐ณ๐ฑ Amsterdam: 21:00 ๐ฎ๐ณ India: 1.00 ๐จ๐ณ China: 3:00 ๐ฏ๐ต Tokyo: 2:00 โฆยป
๐ฐ12 HOURS TO OUR PUMP๐ฐ
โ GET READY YOUR #BTC TO CRYPTOPIA ACCOUNT AND WAIT FOR THE NAME OF THE COIN๐
THIS IS GOING TO BE BIG RIGHT NOW WE NOW THAT 40 CHANNELS WILL JOIN US๐ธ NO PREPUMPS ARE INVOLVEDโ
STAY TUNED STAY EXCITED, THIS PUMP WILL RECOVER ALL UR LOSSES AND YOU WILL BE READY WITH MORE FUNDS FOR OUR NEXT PUMP๐
TAKE IT EASY AND SMOOTH BROS SEE U LATER๐คฉ๐
โ GET READY YOUR #BTC TO CRYPTOPIA ACCOUNT AND WAIT FOR THE NAME OF THE COIN๐
THIS IS GOING TO BE BIG RIGHT NOW WE NOW THAT 40 CHANNELS WILL JOIN US๐ธ NO PREPUMPS ARE INVOLVEDโ
STAY TUNED STAY EXCITED, THIS PUMP WILL RECOVER ALL UR LOSSES AND YOU WILL BE READY WITH MORE FUNDS FOR OUR NEXT PUMP๐
TAKE IT EASY AND SMOOTH BROS SEE U LATER๐คฉ๐
๐ค 2 HOURS TO PUMP๐ค
TELL YOUR FRIENDS AND FAMILY THAT YOU WILL BE GONE FOR A WHILE CAUSE YOU ARE FLYING TO MOON๐๐๐๐๐
TELL YOUR FRIENDS AND FAMILY THAT YOU WILL BE GONE FOR A WHILE CAUSE YOU ARE FLYING TO MOON๐๐๐๐๐
๐ค 1 HOUR TO PUMP ๐ค
๐OKEY BOYS HERE WE ARE, WAIT NOW, GET YOURSELF A POPCORN AND BE READY IN FRONT OF YOUR PC, OPEN THE CRYPTOPIA ACCOUNT NOWโ
THIS IS GOING TO BE BIIG๐พ๐๐ป๐
๐OKEY BOYS HERE WE ARE, WAIT NOW, GET YOURSELF A POPCORN AND BE READY IN FRONT OF YOUR PC, OPEN THE CRYPTOPIA ACCOUNT NOWโ
THIS IS GOING TO BE BIIG๐พ๐๐ป๐
MCP๐ชฉExtras FREE pinned ยซ๐ค 1 HOUR TO PUMP ๐ค ๐OKEY BOYS HERE WE ARE, WAIT NOW, GET YOURSELF A POPCORN AND BE READY IN FRONT OF YOUR PC, OPEN THE CRYPTOPIA ACCOUNT NOWโ
THIS IS GOING TO BE BIIG๐พ๐๐ป๐ยป
๐KEY POINTS TO REMEMBER๐
โก๏ธMake sure you enter your buy price at HIGHER PRICE THEN the current price AT LEAST x4. This will automatically fill at the first available price.
โก๏ธ BUY FAST and DONโT PANIC SELL. The longer we all hodl, the higher weโll push the price up! We want to dump on outsiders, not on each others! We do not do prepumps as well, only scam pump channels do that, we want to build wealth around our community and make you bros financial free๐น๐๐ป๐
โก๏ธDONโT BE GREEDY. We want everyone to do well and make money. So be sensible!
โก๏ธ As soon as you have bought, go to the Cryptopia Trollbox and shout about the coin. Open NOW the link in a new tab so it is ready to go: https://www.cryptopia.co.nz/Chat
โถ๏ธAnd last but not least, enjoy your profit๐ค, tell about it your friends your mama and get ready for next pump, take it easy and smooth bros, see you ON THE MOON๐๐ป๐
โก๏ธMake sure you enter your buy price at HIGHER PRICE THEN the current price AT LEAST x4. This will automatically fill at the first available price.
โก๏ธ BUY FAST and DONโT PANIC SELL. The longer we all hodl, the higher weโll push the price up! We want to dump on outsiders, not on each others! We do not do prepumps as well, only scam pump channels do that, we want to build wealth around our community and make you bros financial free๐น๐๐ป๐
โก๏ธDONโT BE GREEDY. We want everyone to do well and make money. So be sensible!
โก๏ธ As soon as you have bought, go to the Cryptopia Trollbox and shout about the coin. Open NOW the link in a new tab so it is ready to go: https://www.cryptopia.co.nz/Chat
โถ๏ธAnd last but not least, enjoy your profit๐ค, tell about it your friends your mama and get ready for next pump, take it easy and smooth bros, see you ON THE MOON๐๐ป๐