Why Short? 1.) BTC has run out of steam and is falling back toward support. 2.) 14 Day DPO (Detrended Price Oscillator) has fallen below 0 3.) Squeeze Indicator shows decline.
When will we see reversal? A.) I anticipate we should see it fall to the $54500 mark in the next 24-48 hours. B.) I anticipate we will see a return to bullish patterns around October 20th.