What is your level for this correction ?
0.618 drop from top to 5260USD
0.69 drop from top to 4900USD
ppl who think this is going parabolic to 100k are retards. and it's so good to have so many of them in crypto :)
that said, i still have like 15k cash aside in case it does go to 9.4 from here so i can short from there even more.
long term i am bullish though, but the will be a correction or even a mini-bubble structure to wipe away the hamsters
Sorry vision2077, I don't mean to be a bitch. I should have just kept my mouth shut.
Neither do I invite anyone to Short on crypto ; as in my own experience it requires a professional level of experience, and I burned some capital when I experienced getting squeezed in a short. I want to learn and share my observations.
Could you share your opinion on this overbought signal when you compare it to the december 2017 peak ?