Beware of buying Bitcoin now. It's been 8 green days straight and it looks like it will reach a new ATH in no time, but think of this before buying now:
Just last week, BTC LONGS were at an all time high: https://www.viewbase.com/bitfinex_long_short_position/btcusd. They have been on a selling spree since then. Also see that the BTC SHORTS are almost at an all time low. If shorters become aggressive then that combined with the selling of LONGS could create enough selling pressure to push down's BTC's price. Which could further trigger liquidation of longs.
LONGS are high and SHORTS are low. There is no possibility of a short squeeze that could send BTC to the moon, but there is a significant possibility of LONGS getting liquidated which can push down BTC's price back to lower 30s.
TLDR: This is not financial advice. If you can bear the volatility any time is a good time to buy, otherwise wait for a probable pullback.
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