People are actively shorting Bitcoin and increasing their margin positions, thus pushing back the liquidation price of their deposits.
I think the price will steadily rise without any pullbacks, not providing good entry points into the market.
Those who are going long will take profits at 120 and be happy with their gains, but the price will continue to rise higher and higher until we reach 270 thousand dollars per Bitcoin.
People will take profits on altcoins at 20, possibly even 40 percent, thinking that it’s just a bounce, at the moment when altcoins will provide 10, 20, and more x's#BTCtrade $BTC