Bitcoin Hitting New 2019 Highs!

Bitcoin bulls have continued to impress, hitting another new 2019 high today of $9,430. Daily volume is steady.

Shorts have spiked nearly 50% in the last 10 days. This would suggest bitcoin may have more room to run in the form of a short squeeze.

Looking at the CME Futures chart, we’ve discussed the gap between $7,200 and $7,450. We’ve got another fresh gap between $8,500 and $9,050. Probability is price will eventually drop to close these gaps. That said, it doesn’t mean bitcoin won’t continue up first.

In today’s video I discuss where price may be heading next, key areas to watch,

About the author: Workin 2005

Crypto: Hated by governments, banks and dictators. Loved by all those who believe in true freedom. Retired airline pilot...full time crypto enthusiast. #Freedom