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Bitcoin is very likely to continue its next leg upward into the $86,000 price range to absorb sell orders from many sellers. The $86,000 area may become the last point where Bitcoin holds before it eventually resumes its downtrend, because liquidity is still very thick above, and for now there are more longs than shorts. So the best position is long—I’m placing a big bet on that.
What do you think about the BTC/USD market right now, based on your view and what other traders think as well? No matter what decision you make, make sure it’s your own decision. Okay, see you—good luck, and enjoy your day, friend. Greetings for profit.