I'm a little confused on the idea of running out of sellers put forth in this post because when I look on TradingView at the number of short positions on Bitcoin (BTCUSDSHORTS) at ATH over the last few days. So yes, perhaps we are pretty much out of sellers at this particular price but there are nearly 30,000 positions anticipating the price to drop lower.
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That usually leads to a short squeeze. These shorts suddenly become desperate buy to cover panics.
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