@CzarnyM, Aug 5
It's time to Short Bitcoin and Long the Bank. My comment was to this quote for long term not short term.
ovac4u
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@Umarzia, I fail to understand your point - aren't we are in a long term down-trend?
Umarzia
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@ovac4u, if you're thinking from last ATH 19k till now then yeah we are in downtrend but if you look at the chart from 2009-10 till now then we are in major uptrend either if price goes down to 4k we are still in uptrend. Set the TF in weekly and zoom in small and draw logical curve you'll see it.