BTC is reaching the ceiling of an important downtrend line. Basically, the downfall is imminent so it's a very dangerous level to enter a long position. Even with a healthy breakout, it is worth waiting for that trend line to be reconfirm as a support or else, it's the bloodbath.
My take is stay away from BTC for now. If aggressive trader, a short position is more favourable.
My take is stay away from BTC for now. If aggressive trader, a short position is more favourable.