Besides being bearish on bitcoin for this year, shorts keep increasing at a exponentional rate, and we are heading to the big big even at 6k.
Big players on this market will be looking for this level, to add to their positions, and we still have a big potentional for a short squeeze.
Trade setup:
Entry scaling between: 6k / 5.8k
Stop Loss: 5,3k
First profit taking target: 6.9k
Big players on this market will be looking for this level, to add to their positions, and we still have a big potentional for a short squeeze.
Trade setup:
Entry scaling between: 6k / 5.8k
Stop Loss: 5,3k
First profit taking target: 6.9k