If it looks to good to be true, then it probably is. Time to go short was at 10k. Now it's so obvious, that everyone is going to short it and make money,...right?
NO. THERE ARE NO FREE RIDES. Expecting a nice bounce to around 9k to rekt all the shorts, then slowly down.
NO. THERE ARE NO FREE RIDES. Expecting a nice bounce to around 9k to rekt all the shorts, then slowly down.
Trade closed manually:
Take profits, buy back lower at 8000-8200$.
Take profits there if you want to be safe. I think there is still a chance for 9k$ though.