Today, the Bitcoin is trading above $11,000 up 13.6% and has moved by $1307.06 in the single day with a total volume of $1.57B. Though Bitcoin is showing the bullish signals on the charts some of the parameters suggests that Bitcoin got overbought. Its necessary for the BTCUSD to form a strong support and resistance level.
Is it really a bubble?
https://coincrump.com/bitcoin-price-crossed-11000/The current scenario makes bitcoin look as if it's multiple series of bubbles Got to admit Koreans are becoming one of the big influences as they are almost controlling the markets for potential coins right now. All started with bitcoin cash, now it is spread to bitcoin, ethereum, litecoin, monero etc. A rise of 1,300$ within a day is not a joke. People need to be careful about any sort of new investments, the markets can go down anytime if the koreans decide to dump all the pumped cryptos all together.