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Double top structure and lower highs setup for short squeeze, traders stop hunting likely.

From BITCOIN: SOMETHING BIG IS COMING… 🚨 (Crypto Market Warning) · jumps to 5:22 · speech

▶ Open at 5:22 on YouTube
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Now the problem is once we're up here, once we're making a new high, then what happens? Well, we have this double top kind of structure here. We have these lower highs that are being made right here. And honestly, a lot of times what happens is people, they short the price of Bitcoin and they put their stop losses above these levels. They say, well, I'm short, but if we come above this, I'll be out. Then we make a lower high. They say, well, if we come above this, then I'll be out. We make a lower high, lower high. Okay, if we come above this, we'll be out. So what happens is the price starts to squeeze the shorts. As the shorts get stopped out and liquidated, it pushes the price up higher until we basically stop hunt everybody. Now that move to the upside is not necessarily being caused by people buying Bitcoin.
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