Probably first a short squeeze giving space for the longs. Unfortunately Longs are playing in a rising wedge in a downtrend Probably a breakout downwards after that Wich could mean another drop for BTC after the upwards movement.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.