I think it's time to go Short on Bitcoin

[Issa56]

I believe you shorting bitcoin currently is a bad ideas I don't think Bitcoin can come below $44k if you are shorting I probably recommend you to use stop lose which and very sure bitcoin is dip enough the next step am expecting is the bull run so I believe you should buy bitcoin now because is going to pump. What just happened to bitcoin currently is just a correction and not a dump lot's of people still want it to dip more before they enter but I believe thus is the right time to but and not to sell you just have to take the risk. If you are a trader you are a risk taker just take the risk and buy bitcoin and you will be in profit in the next few hours but don't forget to use stop lose when you are trading to reduce your lost even if you will lose.

[Rexler]

I think bitcoin will drop to another Support in the next 24 hours, The volume is lower than the last weeks.

what do you think guys ?

Just because the volume right now is lesser than the one it had last week,doesn't mean you should go ahead and short bitcoin, you could lose your money in the process, majority are longing only a few are shorting, you know majority always wins, for your own good don't think of shorting bitcoin instead buy the dips, it dipped to $44k if you bought buy then you would be having some profits now cuz bitcoin has bounced back it's trading over $48k+ now.

[kolbalish]

Maybe not because it is not necessary to fall continue. There can some improvement or some stable condition for some time. In the crypto world, nothing is stable and everything is volatile by its nature. We wish there are no continue falls and BTC will back to its position.

[Mauser]

I think bitcoin will drop to another Support in the next 24 hours, The volume is lower than the last weeks.

what do you think guys ?

I am not really convinced that bitcoins are going to fall a lot any time soon. Every time we see a drop in the market there is another 10% rally the next day. Like right now, bitcoin dropped below 50,000 USD just to bounce back again. In my opinion there are still a lot of buyers out there who are looking for good entry levels. It looks very risky to short bitcoins at the moment.

[isaac_clarke22]

~

Going flat by $45k + lately.
Not sure what's ahead right now but it seems to stabilize around that price lately.
No panicking, lad. I got used to this kind of price pattern.

[New.in.trading]

I think bitcoin will drop to another Support in the next 24 hours, The volume is lower than the last weeks.

what do you think guys ?

If I could have one wish in Trading, I would like BTCUSD to move like this:

[akar87]

Now nice time for to go short because bitcoin down and you need entry and wait tomorrow with lev 50x maybe you can earn more than 100% profit, I think bitcoin will get correction again and need waiting will be on lower price or have to buy long, depend with your way maye bitcoin little correction and later back above $50,000.

[JooBra]

Now nice time for to go short because bitcoin down and you need entry and wait tomorrow with lev 50x maybe you can earn more than 100% profit, I think bitcoin will get correction again and need waiting will be on lower price or have to buy long, depend with your way maye bitcoin little correction and later back above $50,000.

Speaking about it here is a bit hard casue this is all time sensitive but generally for long it's good time to buy but for short depends, good technical analisys is needed.

[carelessboy]

yes. possibility to bitcoin dump 42k .but don,t panic and buy more because chance to bitcoin price crossed 70k usd   in the year. hold your bitcoin if you have money go and buy bitcoin how much you can.

[Xinarae*]

Even if bitcoin is dumped it is less likely to go below $ 40k I don't think it will last very long. If you go down you will go up again now is a good time to invest and hold on the price of bitcoin has gone up by about $ 45k traders can still make a profit if they invest due to the influence of whales in the market the price of the coin has come down but the bull run is going on again. Don't be discouraged wait patiently the opportunity of bitcoin will come again with bitcoin the price of altcoin will increase this time.

[Ararbermas]

$45k, we're still at best. I don't need to worry about that but honestly, I was hoping to drop more and give me a chance to accumulate more Bitcoin.
It sounds ridiculous hoping for a dump instead of a pump, maybe you are right but we know it only has a little chance as these huge market players keep buying.

Maybe, I just have to close my eyes this time and never have to check the price. Because it maybe might give us a surprise that we get back to $50k by tomorrow, who knows?

correct don't be scared about the current situation  OP, wherein always monitor the graph instead, so that you have an information about the future of BTC price . because i agree this dump is a big opportunity to buy soon or later, so there's always a big chance for the growth rate to change direction without knowing. Be smart mate if you want to obtain more..

[cryptomaniac_xxx]

I think bitcoin will drop to another Support in the next 24 hours, The volume is lower than the last weeks.

what do you think guys ?

Well at least you have couple of days to short bitcoin, otherwise you will get REKT today, as the price is going up and we have touch $50k again. That's why it doesn't make sense to short it, specially in a bullish trend that we have right now. Goodluck though for those who make money or at least squeeze some profits.

[akar87]

I think bitcoin will drop to another Support in the next 24 hours, The volume is lower than the last weeks.

what do you think guys ?

Well at least you have couple of days to short bitcoin, otherwise you will get REKT today, as the price is going up and we have touch $50k again. That's why it doesn't make sense to short it, specially in a bullish trend that we have right now. Goodluck though for those who make money or at least squeeze some profits.

But now bitcoin down again and you can try for short, but not any guarantee how last night happen when bitcoin down and touch lower price under $47k suddenly up and raise above $52k today, will the same moment tonight with bitcoin back to higher price or not because many people try to make bitcoin down and buy back for raise up again.

[UserU]

It dipped twice, maybe three times the charm?

I'm looking forward to buying in if that happens again.

Well at least you have couple of days to short bitcoin, otherwise you will get REKT today, as the price is going up and we have touch $50k again. That's why it doesn't make sense to short it, specially in a bullish trend that we have right now. Goodluck though for those who make money or at least squeeze some profits.

I remembered shorting BTC during the last year's bull run and lost some profit along with my principal.

[blockman]

yes. possibility to bitcoin dump 42k

Bulls are stronger this time, hello $51k instead of $42k.

but don,t panic and buy more because chance to bitcoin price crossed 70k usd   in the year. hold your bitcoin if you have money go and buy bitcoin how much you can.

Not only $70k but most rumors are telling that $100k is very possible. It's time to long in bitcoin and if you have to short, do it because you need money and don't sell if you've got a good reason unless you really want to sell and don't regret it when you see it pumps back.

[Rehan Zakir]

Bitcoin is just taking  some correction. And after after that they again take a upward flight. Bitcoin test the 42000$ level and again move upward. So, if you want to take a short trade close it with small profits. Don't hold short position for long term. Overall Bitcoin is very bullish and holding long position for long term is a  good choice.

[DarkDays]

I think bitcoin will drop to another Support in the next 24 hours, The volume is lower than the last weeks.

what do you think guys ?

I am not really convinced that bitcoins are going to fall a lot any time soon. Every time we see a drop in the market there is another 10% rally the next day. Like right now, bitcoin dropped below 50,000 USD just to bounce back again. In my opinion there are still a lot of buyers out there who are looking for good entry levels. It looks very risky to short bitcoins at the moment.

As per the comments above, shorting can be done- that's for sure - but you might find yourself that it is not working as well as you thought. BTC dumps are now minimized and you can never know which way/or how high it will go. Can potentially do it but like with everything else crypto related can be risky. So if you can manage that risk, give it a shot...

[el kaka22]

I think bitcoin will drop to another Support in the next 24 hours, The volume is lower than the last weeks.

That is not something you have all the time, it only happens in a bull run or in a recovery from a correction which is why we see them like that and those two things are not that common, they happen very rarely. People were happy about the super increase that happened since October for example, but the last one was in 2017, we had a short increase in April 2019 that took us from around 4k to 14k and that was nice but aside from that we never reached back to 20k, and that shows you what kind of rarity it is and how hard it was.

So long story short ,we are in a situation where these charts are something we miss, we miss that a lot, it happens only for a short span of time and leaves and doesn't happen for years, same will happen in the future. However we are lucky that we know it happens once in a while and it takes us super high so we could just wait until that happens.

[doctor877]

there is no 100% confirmation on shorting now except you will short for small moves and take little profits otherwise you might be liquidated. we are still very much in bullish trend just that there might be some little pull backs. check your charts to be more familiar with market trend.

[ScamViruS]

Each correction has a purpose, for the next market move. Therefore, no decision should be taken by being overly excited in any situation in the market. Because the Bitcoin market is now in a position where it is very difficult to make any kind of decision about the next movement.

If you have opened a short position after this post, then you may have already realized how wrong decision you have made. Now the bulls are very strong in the market, they will make you want to make wrong decisions in various ways.

So now instead of opening any short position in Bitcoin, you should hold your hodl Bitcoins to enjoy the next bitcoin price movement.