This is the band I'm referring to, and represents most of the movement we've seen the past few days.
Since we're close to my perceived low, shorting is definitely not recommended even though we're kissing the top of it. Risk isn't worth reward IMO .
The chart's don't lie. I base my thoughts off history. Bitcoin is still long term bull, there's no debate about that. We're talking about how the market recovers from the exponential growth we just experienced.
I am long, but I'm also here to increase my investment on the way. These spikes are the perfect opportunity to do that... consider them a blessing.