When this happens I fear a reversal is imminent. That's just my prediction but its based on what's staring at us in the face on the charts.
Volume doesn't lie.
I suspect most of the buyers are those who are re-entering, but there's ALOT of money sitting out on the sidelines. Very unlikely that 400 billion is sitting there waiting to buy at 10K IMO .
Look for a better deal, stay vigilant. There is money to be made in day trading the BTC (and I suspect the LTC market now after this recent move by LTC)
Stay frosty, be streets ahead!
Point #2 Rising Wedge, It is bearish. Bounces off 9K.
These facts are indisputable.
It is never a better time to wait it out.