![Analysis_Logo Resize.png](https://cdn.steemitimages.com/DQmPGS4NFos8KZvW7KRjkYs21czufu92Vr9qooFwGNJm5vc/Analysis_Logo%20Resize.png)
### Bitcoin has dropped into a very relevant support between $4,600 and $4,100. It’s currently consolidating around $4,340. 
![Screen Shot 2018-11-20 at 9.05.51 PM.png](https://cdn.steemitimages.com/DQmVkgeHdLoS8rT7iCeXBHBeqfPijSyNkAWCe4yAeZBosG1/Screen%20Shot%202018-11-20%20at%209.05.51%20PM.png)
### Looking at long and short positions, we can see shorts have overtaken longs. 
![Screen Shot 2018-11-20 at 9.07.45 PM.png](https://cdn.steemitimages.com/DQmNU2Sp4idboYugacEtCFGgJ6R4CLFB17o9FR1uGSW5Kyd/Screen%20Shot%202018-11-20%20at%209.07.45%20PM.png)
![Screen Shot 2018-11-20 at 9.08.14 PM.png](https://cdn.steemitimages.com/DQmdyY3DkxUbUKHSZTDnBWMihr6s6yk5n5LG7qZ86sMXsHQ/Screen%20Shot%202018-11-20%20at%209.08.14%20PM.png)
### While not significant yet, if shorts continue to stack and widen the gap between longs, it could setup a massive short squeeze. If a major short squeeze happens at these levels, it could provide the catalyst needed to spark a bull run...at least a temporary one. 
### In today’s video analysis I discuss, where price may go from here, market psychology, personal trading techniques and so much more. I hope you find it helpful.
## Video Analysis:
https://youtu.be/WxYJ33phpC0
#### *If you don’t see the above video, navigate to TIMM (https://mentormarket.io/profile/@workin2005) or Steemit in order to watch.*

**I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading!**
### *Workin*
## **If you found this post informative, please:**
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