BTC swept the 64.5K equal highs as discussed yesterday. As I shared in the Bitcoin analysis yesterday, I executed a short there with the 62.5K PWL as final target. I'll execute two more TP's along the way because we're still trading within the compressed range. If you didn't take the short, a higher sweep towards the 65K region might be another chance. If the above happens, my current short gets stopped BE and I'll simply look for a re-entry. One of the reasons why I'm not longing, is because OI shows that this complete move up was fuelled by shorts closing. Besides that, OI shows a slight increase at the high of this move, indicating new shorts entering the market. Best case for my current positions is that we dump from here and break back below the 63.9K level. NY-session might give the sweep towards the 65K range-highs, they always like to get rid of London-sellers first. Only setup I see locally is a short, so let's see what the rest of the day brings.(Lennaert Snyder)