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Last updated Tuesday January 15, 2019
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Pinned Messages History
4 months AGO
👥Live Discussion : Supreme Court Verdict's at @IndiaBits ⏳ The court is now in session. Sr No 4 in progress. We are Sr No 25 🖥 Track the case listing in the SC - Here 🔎 Watch out for Case No - 528 (WPC528) in Court Room No. 9 🕑 Expected to be listed after 10:30 AM ⚖️ Petitioner - IAMAI & Respondent - RBI (All other cases are tagged to this case) ℹ️ We are not aware of what is going on in the supreme court. @IndiaBits is solely for an active discussion of the events that may occur at the Supreme court today.
📊 Ranging Continues Bitcoin continues to range between $5800-6600 The choppiness of the market is reminiscent of the lows from early April and late June. The consolidation could be interpreted as accumulation, or a last stand by bulls before a continued move towards 5k. Short totals on Bitfinex retraced slightly yesterday on the push to $6600 but have continued on their upwards trajectory. What is left to be discerned about the increasing number of short positions, is whether the majority are retail shorters or whales accumulating positions before they drive the market lower. This is a difficult question to answer, but it is important to acknowledge that the increase in shorts may not necessarily result in a short squeeze -Bravado