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variousCryptos
Dec 4, 2021 3:49 PM

BTC start of the bear market? Short

Bitcoin / U.S. dollarBitstamp

Description

Big dump overnight. I expect we'll continue to go down. 40-42k will be where we're looking to find support and 53k will be resistance. Very likely the start of a multi-week to multi-month bear market.
Comments
Alecto
It could be a March-style crash with a good recovery
shatoshi_sakemoto
Sure pull everything you have out lmao
variousCryptos
@shatoshi_sakemoto, when did i say that? i said this is an opportunity to accumulate. markets are cyclical and expecting that it will go up at all times is asinine. taking short positions as hedges for your long positions is just good trading.
GustavoK
@variousCryptos, keep up the good work!
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