Yesterday's thoughts on making orders for Bitcoin suggest going long on the pullback. It's not a problem to aim for a new high, but Bitcoin is surprisingly strong, and I missed the entry on the pullback.
Currently, Bitcoin is at 98,400; I think it needs to pull back a bit, probably down by 2,000 dollars. The current price can be shorted a little with a target around 96,000.
Now, everyone's opinion on breaking 100,000 is quite unified. Last night, it was just 900 dollars short of hitting 100,000. The more unanimous the opinion, the more likely it is to miss it by just that little bit.
