What really baffles me is who is selling right now? Is it early investors up 5x still or people that jumped in in November and who are now afraid?
Also what bad news did we get? We got a couple of fake news that got debunked literally 1hour later but still we are having these massiv drops without any recovery. I know the market is not logical, but I am deeply confused.
I think it is weak hands and those who are shorting.
I have learned that most people only read headlines and have little critical thinking skills. Use this to your advantage. :)
Happy trading.
Are there ways to short bitcoin directly? I was under the impression that the only mechanism for shorting was through futures contracts