If you follow my last bitcoin update you can see that I am long since my $6174 call. In next few weeks I will be looking where to short next. There are two scenarios. One is that we see a rejection of the short-term downtrend line, right around $7100. If this level drops, I would likely short bitcoin from $6950, looking for a long around $5480. If $7100 holds with good momentum, I will be looking for the $7800 to open a new short position, looking for a long in the $5800 area.
Let's see how this plays out! Good luck everyone!
*btw - In no way am I a professional trader. Take everything (even top TV posters) with a grain of salt and always use your own judgment when opening a trade.