I have been trapped for a week. I shorted Bitcoin at 56,000. It has risen to 59,700. I am ready to cover it again. This wave of pull-ups has almost blown up all the shorts. Is it time to blow up the longs next? How can shorts keep crying? For those who don’t have a position, short Bitcoin at 59,700. Short-term friends should defend at 60,700, with a target of 58,000 to 55,000. For swing traders, take 52,500 and 49,000!