" The bottom is in " is what they say. That's not what I'm seeing on my chart and it's this kind of market sentiment I like to see when making short predictions.
If you zoom out on the chart, you'll see Bitcoin has some room to go up while still maintaining the long term bearish trend.
I'm seeing 4200-4300 as a good range to short if we get there. This range...
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.