Bitcoin futures on Saturdays =) November 23, 2019

Hi all my family in the community The subject that has confused everyone is the terrible market decline

Institutional traders have greatly increased short positions in the futures market. Again, they publish the report very late, but the fact is that the market is actively shorting. At the same time, we fell strongly and these shorts could theoretically be bought out, which is indirectly confirmed by large volumes on the most recent daily candle with a decent lower shadow. Be that as it may, the middle blue trend is broken down, the MA-200 is broken down. In such conditions, the goal of 5500 (or even 4500) looks more than logical and real. Moreover, at this point in the market, we can well expect a retest from below the 200-period average on daily candles, and this is the level of 7900-8000 at the CME rate. And by the way: The Tether printing press is working again. They printed 30,000,000 USDT. The last time it was launched on November 5th. Remember what started later? Draw conclusions.