Possible BTC Short Term Trajectory

9. Juni 2021

I think shorts are getting squeezed right now causing this nice reversal pattern currently. I'm not convinced BTC will break above the previous highs though, and may put in a lower high which this time, if we reverse to the downside, I think our 30k support may get taken out. So many think 20k is imminent. I think we don't quite get there, capitulate quickly, put in an enormous reversal candle on the daily and reverse to the upside for good. Longs opening around the 25k area potentially. Open for feedback or comments!