Shorts about to get squeezed on BTC
Anyone looking to get short might want to think again
The current environment shows that short sellers are getting more aggressive with their positions.
This may sound like a bad thing, but more often than not when longs or shorts get aggressive, the market goes against them.
As it stands right now, I wouldn't want to be getting short into this:
We start moving up and they start covering.
I wouldn't be surprised if the are the fuel that gets us right back up near $10k in the coming week.