Maybe, just maybe, we haven't seen enough blood. Longs vs. short ratio is quite low ATM, will study that tonight to give me historical feedback.
I'd be happy as fuck if proven wrong.We're in a bear market and I'm more comfortable shorting then longing. Keeping a tight stop for now will re-enter later if stopped out. 7300 is a zone I'm eyeing.
I love bitcoin, but my portfolio has been hurt VERY badly because I was a bias perma-bull caught in euphoria. This is not hate toward bitcoin but a hedge to protect myself from further big losses. Just trying to protect my financial future.
Stay safe.