In my scenario 02, BTCUSD my be working in wave 2 of 5.
If the short squeeze happens, it will make the wave 3 witch might end at $7500 USD resistence, pull back and then wave 5 might die at the trend line resistence of the triangle or, if we still have shorts to squeeze, they might be the fuel that will help break the triangle to the upside, with an extended wave 5.
If the short squeeze happens, it will make the wave 3 witch might end at $7500 USD resistence, pull back and then wave 5 might die at the trend line resistence of the triangle or, if we still have shorts to squeeze, they might be the fuel that will help break the triangle to the upside, with an extended wave 5.