Get ready for this.

Get-ready-for-this

-My predictions do not change: i'm overall bearish

-Order book: there will be a short squeeze (approx. 46K-47K could be more) BUT then longs will be liquidated (36K could be less). I would go for the short squeeze first, then the longs and the reason for that is simple: spreads are positive which means
that traders on derivative market think BTC price will rise. Same goes with the options with a max pain price of 46K on 28th jan.

-While onchain indicator MVRV sends a strong signal to buy (1.7), i bet there will be soon even better discount prices: i would NOT BUY just now.

-Leverage is historically at an ATH which means some of us are too confident. They need to lose confidence first, to capitulate before we can go back to "normal" price increase. 
 I expect strong volatility.

-Economic context is NOT APPROPRIATE for prices to soar: NASDAQ, SP500 are heading south.
There will be min. 4 interest rates increase this year to come in the US which is not good for Bitcoin.