Many traders like Eric Choe on Twitter were calling for a huge drop and those Shorts got crushed in an EPIC short squeeze. It appears that Institutional players stepped in on huge volume to push Bitcoin higher. As we forecasted, this should be a continuation of a C Wave that could climb above the $9k range.
News:
Crypto-Mania Returns:
https://www.zerohedge.com/news/2018-04-12/crypto-mania-back-bitcoin-surges-most-2017-back-above-8000