BTC short squeeze incoming

29 May 2022

I believe the market is due for a correction. The oscillators are beat up on almost all time frames and need a reset. Plus market sentiment is very low. I am predicting a sharp move up to around 37k over the next two weeks. We hit the 3 day demand zone and haven’t pumped at all. I think e will range between the 3 day demand and 3 day supply for the rest of the summer. Full disclosure this is a paper trade. I am very new to TA and more journaling and working on a strategy before betting real money. All feed back is welcome.