Could be worth a gamble here to short BTC up to 4500 with a tight stop, good r:r. Be wrong quickly if wrong. The current environment looks good for trading.
Stay long at your own risk, imo. Selling rallies has been the regime for almost a week now.
Re: Bitcoin Tumbles as PBOC Declares Initial Coin Offerings Illegal
#121Why be long here? Are you holding out for a break above 5k that may never come? HN, please listen to me, it's at 4500 and all you have to do is sell.