Do you reckon this means we're now due a steep correction like last week and theres opportunity to take some profits right now and buy on the dip?
the rise doesn't show any sign of slow down, despite the small drop that we had after the ATH. i would personally stop buying but also i won't sell. it is best to wait a little to see which way it is going. if you have bought so much lower then you have a much bigger room to wait. then sell because the drop can technically be big. i would place buy orders after i sold around $10,000 and down towards $9000
You just never know with BTC, people keep speculating like its a regular stock and any spike = imminent correction but it just continues to defy all expectations and surge!
it is mainly because of all the fresh money that is coming in due to these Futures Markets that are opening up. so it is explainable despite being abnormal and big.