Looking at the charts for the past few months, as time goes on over the past few weeks, and the past few days, it's become clear to me that bulls are going apesh!t for this to happen. If history has ever taught me something it's that Christmas time comes and it goes. If BTC was going to drop and crash to below 40k it would have already happened, and we wouldn't be here right now at 50k. We would probably be heading towards 10k, however this hasn't happened. And if it is going to happen, i don't think it will anytime soon, definitely not before a run back to 55/60k. So I'm long, and will be long for a good while.
Comment:
Instinctually, i feel that it is safer to long than to short. The momentum driving this right now is a months worth of patience erupting. It won't stop until it reaches the point where it dumped, or close to it. At that point i will feel neutral.