I'm not a professional but looking at the charts especially long term charts, it looks like we're due for a huge correction. My bet is we will see a sharp drop to $5k-$6k, just not sure if the whales will push it a few thousand higher before having their positions ready?
I just can't imagine why anyone would want to buy at this price.
And there we have it, a few hours later: new all-time highs.
Unless we close today's candle below yesterday's close, all the sellers and shorters from the last consolidation will start being squeezed. Given the parabolic shape of the trend, this could easily accelerate to $15k within the next week.
I'm looking for a bottom on the 1-hour pullback, and then I'm adding to my longs.