Just shows you how technically over bought BTC got in the short term since Nov 5.
Very similar to post etf approval earlier th is year.
Consolidation needed now to while out the levered short term long speculators.
This is a feature. Not a bug….😉
Interesting….where can I learn more about what you are referring to “levered short term longs”?
Please Login to reply.
Just refers to any long position (owning MSTR stock, in this instance) taken out for short term trade using options OR margin loan.
NASD would have a web site going over a lot of the basics of options and margin trading. 👍
Sweet, thanks 👍
