Even though BTC is looking good for the long term it just started to show some bearish signals on the short term I am considering that RSI is still very low, and fear index is showing a 41 (usually indicating a buy signal), 8900 was reject really fast, and at least today the market is going slowly up. So I don´t see the dump happening today, lets keep an eye open for the next days.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.