Bitcoin: Shorts Rotate to Longs on Uptick | Flash News Detail | Blockchain.News
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5/20/2026 5:38:00 AM

Bitcoin: Shorts Rotate to Longs on Uptick

Bitcoin: Shorts Rotate to Longs on Uptick

Bitcoin at $77218.14 as shorts rotate into longs, with traders eyeing short squeeze potential amid neutral RSI and bullish MACD on the 4h chart.

Source

Analysis

Bitcoin advances after a major short rotation into longs, with @52kskew urging close attention to price action for any short squeeze push ahead. On the 4h chart, BTC at $77218.14 trades inside the Bollinger Bands, testing upper resistance at $78497.7 while RSI sits neutral at 45.16; despite the bearish EMA structure with EMA50 at $78376.93 capping upside, the MACD golden cross supports momentum near EMA200 support of $77354.4, setting up a likely retracement before continuation in this BTC price prediction setup.


Skew Δ

@52kskew

Full time trader & analyst