Bitcoin Short Cover/Squeeze Area with Rally Point Targets Above

Updated

This is not financial advice. This is my observation and how I am trading it.

Feel free to comment below.

Comment

This is what I see...
A) Price will drift sideways to the trend direction and continue to sell down (or)
B) Price will break H4 highs hit the trend direction and continue to sell down (or)
C) Price will squeeze short weak hands at rally point A and continue to rally point B
D) Large participants will exit at rally point B and cause a cascade to the down side

Comment

E) Continues to drop.

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