@stewbits22 1 April 2022 more from that month

Shorts in Bitcoin have taken new positions at $47k, probably to defend their shorts at $45k. Some will probably close their positions at $45k while others may think the market is going lower. I see the short move lower failing and price returns to $47k where I think short conviction is being really tested. Shorts here are now under water on their $45k or break even and now at break even on their latest. short. I think as price inevitably tests $50k these shorts left will have their stop around $50k. A short squeeze starts with one or 2 closing their positions and I see this snowballing into a forced liquidation of large size as the $45k and $47k shorts get taken out. Saying that I would like to see a red bar this week so we have good structure going higher.