Bull run is starting now!
And then comes the dump.
Bitcoin is dead!
And then comes the pump.
It always goes like this.
This is how money is transferred from the small players to the big ones, from the uninformed to the informed, from retail to the whales.
I have placed my bets on shorts based on rational considerations from the last few weeks and months.
The fake news pump this week has shaken the market quite a bit, but so far, I see no reason to reconsider my decision.
I still think we will see 23k before the start of the bull run.
Where you place your money is your decision. But make it rationally, not based on gut feelings.
The first moment I would really reconsider is if Bitcoin closes above 32k daily/weekly. Not a liquidity grab, but a close.
Then I would ask myself, is this a deviation after which it still goes down, or is it going higher into a new range and I was the uninformed this time.
