It is all green candles. Up up up. Why? Is there any news to shed some light on this? The price will probably fall fast now. I think this green streak is not going to last for long.
short squeeze, relief rally, bull trap,
bubble---take your pick. the jury is still out, methinks. whatever the case, the selling pressure that drove the selloff to $9100 evaporated.
it's too early to say whether we're really resuming the bull run yet. we have still yet to break the downtrend line (from the $13.8k and $13.2k highs) so the bull trap possibility is still in play.
but you should at least be
open to the idea that the bull run is continuing. if we're headed to $20k right now, you don't want to be waiting around forever for the $8000s. it's easy to become a spectator in this market after you sell and the market moves against you. i know from experience.