visioncrypto

Short Bitcoin

Short
visioncrypto Updated   
BITSTAMP:BTCUSD   Bitcoin
I've had a fairly bearish outlook, the upward trend began to get exhausted and the subsequent lows have failed to make any higher highs. I think, the price will have a little recovery and drop again, once it goes under 50k a little more, I think more consensus will be that the market has entered a bearish phase. Unfortunately, I bought just before the last drop (was holding off but FOMO kicked in I guess); for newer traders like me in crypto, its harder entering the market when it has been on such a big run but not everyone has money available when they want it, and then when they have a little it can be at the wrong time, as people say, timing the market it not an easy task nor is it easy to keep our emotions in check at times. Holding is not a bad thing as it prevents the loss in trading fees and eventually we know that it will only go up.... My plan is to wait till the price gets closer to $60k (perhaps around $58.5k) and sell.... I just dont trust it right now... but nobody knows whats going to happen!!!
Comment:
actually i should say i will be happy if it gets back to 56.5k.... watching and waiting
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