The shorts have had trouble pushing price down. This type of price action along with high short interest is a recipe for a possible strong rally.

If we see the Bitcoin price first take out the resistance at $6,600 and then reach above $6,800 with strong volume, we expect an extended quick move toward $7,600.

Bitcoin Price Prediction: Short Squeeze Incoming?

https://youtu.be/LlShoAaLPbI