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Nalezeno "shorts": 186

Bitcoin profit taking lingers, but rally to $115K will liquidate $7B shorts


Key takeaways:Bitcoin could turn parabolic if prices move above $115,000 to liquidate more than $7 billion in short positions.Onchain indicators enter overheated territory, suggesting prolonged profit-taking from BTC investors.Bitcoin (BTC) showed strength on May 27, briefly tagging $110,700 after...

Bitcoin profit taking lingers, but rally to $115K will liquidate $7B shorts


Key takeaways:Bitcoin could turn parabolic if prices move above $115,000 to liquidate more than $7 billion in short positions.Onchain indicators enter overheated territory, suggesting prolonged profit-taking from BTC investors.Bitcoin (BTC) showed strength on May 27, briefly tagging $110,700 after...

Bitcoin profit taking lingers, but rally to $115K will liquidate $7B shorts


Key takeaways:Bitcoin could turn parabolic if prices move above $115,000 to liquidate more than $7 billion in short positions.Onchain indicators enter overheated territory, suggesting prolonged profit taking from BTC investors.Bitcoin (BTC) showed strength on May 27, briefly tagging $110,700 after...

Big Short’s Michael Burry Bets on Lipstick to Combat Recession


Michael Burry, known for predicting the subprime mortgage crisis in 2008, sold a major portion of his holdings during Q1 to focus on a single cosmetics stock: Estée Lauder. Analysts believe Burry expects a recession, based on the notion that makeup purchases tend to increase during economic...

Jim Chanos takes opposing bets on Bitcoin and Strategy


Prominent short-seller Jim Chanos, once a vocal critic of Bitcoin and cryptocurrencies, has revealed a new trading play that involves shorting shares of Strategy (formerly MicroStrategy) and buying Bitcoin.At the Sohn Investment Conference in New York, Chanos told CNBC he’s “selling...

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