Now the entire cryptocurrency market is shorting, even that public James is openly shorting. In fact, this is not good for those shorting, because as everyone is buying long, the market makers will pump it up only to quickly pull back down afterwards.

Bitcoin has a gap at 104700. If it fills that gap next week, it would be the best chance for shorts to escape. Unfortunately, this gap is still relatively high. If after a retest it can continue to rise, then the bulls are too strong.

Tomorrow is Monday, and next week could provide an opportunity to pull back to 104700 or even 104000; this is the last escape opportunity for shorts. If the market makers get anxious, they won't provide any opportunity and will directly pump it to the previous high of 112000. #BTC