Bitcoin Could “Wipe Out” Late Shorts Before Cratering to This Low Level

Bitcoin has once again found itself caught firmly within a bout of sideways trading in the lower-$6,000 region, which comes close on the heels of the benchmark cryptocurrency’s recent rally up to highs of $6,900.
This consolidation is highly likely to result in a massive movement in the near-term, leading some prominent traders to note that it is probable that the cryptocurrency rallies higher as bulls wipe out late short positions.
The next rally may also be followed by massive downside m