Bitcoin prices will be dropping huge. Better be careful with longs here. The buying opportunities are not there. If you buy here then you have made a bad deal, this is a selling point, prices will sink and you should be careful. Next level will be below $6000 and that will come quickly. Prices may even drop to below $4000, there will be immense wipe outs liquidating margin traders that are going long on hopes of getting to $10,000/btc but that is not very likely to happen. Sell it, don't buy it.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.