BTCUSD Shorts have not been squeezed yet

22 באוג׳ 2018

Here is a different perspective. We made what some may consider a large move up, but BTCUSD shorts have not really been squeezed yet. So far this move looks like it has enough momentum to get us to 7050-7150 which could be accelerated with a real short squeeze. I'm bullish on the short term and looking to enter short positions around those levels.