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/Well, yes i also do think so that currently the value of bitcoin is overbought. This was a tremendous rise in value of bitcoin in past couple of weeks. But, now I have a doubtful feeling that bitcoin will fall in the new year, "Every Rise has a Fall". I think it is the best time to sell half of bitcoins and earn profit and wait for the new year to buy bitcoins because ultimately the prices will fall in the new year according to some think tanks.