you know the saying bulls make money bears make money and pigs
pigs get slaughtered sometimes despite technical analysis u you just have to use the common sense of buy low sell high when it was at 3k you should have been buying shorting into lows like this is always extremely extremely risky because the big move is never predictable I will say I was never in a short position I was just predicting a short move to come currently right now I would seriously consider opening up a short position tho I tried to short at 5k but my bitcoins took forever to get on the exchange by the time they finally arrived over an hour later from my cold storage it already fell back down to 4700 so I just traded by bitcoin back for eth because eth btc took a beating recently over this pump in bitcoin so yea unfortunately I didn't get my short I wanted at 5k range I would be up so much right now but oh well
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.