Mistakes are mistakes, and I was wrong.

in #bitcoin6 years ago

I must admit the previous estimations I made were clearly too optimistic. More experienced traders suggested a move down was likely for quite some time, and with the 6000 dollar level breached, there is no reason to be bullish. 3000 seems to be a reasonable level for a trend reversal, but only time will show.

I'm short, stay away from buying - or selling if you don't know what you are doing. ICOs and small caps are particularly risky.

Stay safe.

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