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BitcoinBearSlayer

BTC - I think $5,975 may be key on Coinbase

Long
Bitcoin (COINBASE:BTCUSD)  
BitcoinBearSlayer Updated   
COINBASE:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators BTC Bitcoin (Cryptocurrency) breakout Parallel Channel crying Bearish Patterns laughing Bullish Patterns
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trendanalysis chartpattern indicator btc bitcoin breakout parallelchannel crying bearish laughing bullish
On the daily Coinbase chart it looks like $5,975 is a key area to break North. If this happens I think we still have some room to run. We are on the up side of the mid-channel point.
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Well, this is working out nicely.

Still long.......
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Nice move in the Bitcoin price but the shorts haven't even begun liquidating their positions. If BTC is moving this well right now, what do you think will happen when these guys try to close their shorts and there are little to NO BTC left to be had?

snapshot
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