Trade still ongoing. However this does not have to go under the $600 and that is OK
This call saved a few people from their longs and being margin called. Yet we react to price action. If things turn arround and I see price stablize and price x.. I would close. Offcourse seeing BTC at 550 again is possible.
But if this starts to turn bullish at x price, offcourse I would drop abondon this idea & get out ;)
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To clarify, I DON' T believe it will go under $500. Especially not in $200.
But whatever happens. I do believe arround $585 will be arround the bottom or consolidate
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But if this does break $490 (Don't think it will) but maybe black magic excist or whatever news is getting dropped (never know)
I am willing to take the trades & don't be too bias
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Closed my short at $585. That was one hell of ride :D Hope you enjoyed this decent call.
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Bought back Bitcoin at 582, 569 & 580 again.
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Here we are at $680. atleast $100 HIGHER from my buy :)