For last 6- 7 months btc price was around of 7.5k$ , now this support level is no longer, that mean btc is ready to dump hard.
I'm not sure bitcoin will dump. because since the beginning of this year bitcoin has continued to increase and currently the price has reached $ 8.5k. if until February bicoin continues to increase then it is likely that bitcoin is repeating history. bitcoin will continue to rise until bitcoin is reduced by half. if we look at the bitcoin graph in 2016 bitcoin continues to increase before decreasing by half.
Yes indeed bitcoin is currently increasing and it is likely that there will not be a big dump this month because the movement of bitcoin is so fast even though there is a lot of news that bitcoin will drop to the price of $ 5,000 that's just nonsense.
This is a good start before halving happens and I am sure in the next few months bitcoin can reach $10,000.