Retail trader are still not giving up their long position, every one wants a big part of the cake.
The market makers are holding their short position. Exchanges are waiting for the moment to dump all longs to liquidation. (watch Coinglass and check MDXalgo).
Volume is increasing, most of miners are taking profits, you can check this in famous mining stocks. $DXY...
Will we see now the final run up or will Bitcoin just continue dumping?
Most people would rather say dump it, because they do not know anything else.
In my opinion btc to zero is a legit bet, because of the fud spreading in europe and many other countries which get manipulated by their central banks to ban Bitcoin.
For example india and ECB will try everything...
My 8500 target still stands up. Makes no sense telling you after it happens LIKE EVERYONE on this platform again no timeline.
Learn how to never buy bitcoin again learn how to earn it .
Its top two constituents by weight, JP Morgan and Berkshire Hathaway's (stinky) B shares, have been performing very poorly in comparison to most stocks:
This along with XLK (tech bubble) and XLE (oil) are, to me, overvalued and must be denied higher prices.
