#BTC It’s been oscillating downward for several days, but it looks like one sharp rally could trigger a short squeeze. Shorts, take note: if you can’t set a stop-loss, you need enough room to withstand volatility and a rise to 77,000 without being affected.

Of course, it’s also possible that just as it once rallied from 62,000 to 81,000 over two consecutive weeks, it could now fall for another week to 66,800 or lower.

From this week through next week, either a short squeeze or a sharp drop is possible. $BTC I still won’t go long on it.