Weekly chart for BTC/SHORTS. Momentum on shorts is falling, price of BTC rising. That could be one more evidence that BTC price has bottom and I expect rise of the BTC price in the following weeks at least to 5800 USD.
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Number of BTC shorts isnt falling as quick as expected. BTC/USD price is settling as are longs/shorts for BTC. By the end of this week we should see another drop in USD shorts