The man who shorted 8400 and says 1k before 20k might long here
Hello friends,
I am bearish bitcoin. It's true, however when it falls from the fn sky like it did this past week, there is always the chance for a MASSIVE bounce. This is not following my strategy if I take this trade, and so I will risk no more than 1% if I do punt a long. I will likely put in 5% shorting it after the bounce.
So, I still believe we are in a bear trend, but that doesn't mean we can't see a massive 20% bounce or so. I will let you know in the near future, but it is something that looks likely to happen, we will just have to wait and see.
Thanks for reading,
Shkreli
I am bearish bitcoin. It's true, however when it falls from the fn sky like it did this past week, there is always the chance for a MASSIVE bounce. This is not following my strategy if I take this trade, and so I will risk no more than 1% if I do punt a long. I will likely put in 5% shorting it after the bounce.
So, I still believe we are in a bear trend, but that doesn't mean we can't see a massive 20% bounce or so. I will let you know in the near future, but it is something that looks likely to happen, we will just have to wait and see.
Thanks for reading,
Shkreli