Hard drops follow big spikes. Happens every time, just look back in time. But this time it's different? Maybe to some extent, but as long as there are short term profit takers and insane volatility this trend will continue. Only 2 cents is to not SHORT SELL. You will only contribute to the potential squeeze and will lose money. If you're up now, your priority should be to retain value and sell before it goes down to it's next support level which is under 100k! Maybe it does or not, but the dips do happen and with automated trading bots it could hit more aggressively and faster. If anything, but the dip when there's sufficient support. Best of luck!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.