The current bitcoin trading could be setting up to wreck some shorts.

Or should I say, rekt.

We are facing a spot on the chart where we either roll over and test the $10k area again.

Or...

And this seems more likely to me...

We are setting up to do something like this:

(Source:

https://twitter.com/CryptoKaleo/status/1160939548941148162

- CryptoKaleo

This is how shorts get rekt 101.