Here’s How Shorts Could Push Bitcoin Price Above $6,0007.2

The bitcoin price formed a new 2019 high towards $5,590 this Tuesday and its likelihood of testing $6,000 to the upside has increased.

Mr. Anderson, a cryptocurrency analyst, revealed the proximity between the bitcoin price and the BTC shorts behavior in his latest statement. The analyst noted that whenever traders push BTC shorts positions in the overbought area, the probability of a bitcoin price jump increases.

Original source
https://www.newsbtc.com/2019/04/23/heres-how-shorts-could-push-bitcoin-price-above-6000/

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