In addition to what Maxinger's point, it appears you are suggesting to short, while in the same range of where all the other shorts are covering. So what is it you know that all the other shorts don't? You also have to contend with people like me that are going long and help to squeeze you out. In any case, I am still hoping that BTC goes to double-digits, but I will be on the opposite trade of you regardless.
The selling has been forced by deleveraging. The deleveraging appears to be mostly over. If your short bet is counting on more crazy levered trades to blow up you may be disappointed.
I would go for a short from 20k on. 20k is a VERY hard level, which btc won't be able to break atm (likely won't be able; my gut feeling ) give it a try.
the turkeys are gobbling here . lets short after a massive tank . lol. think these guys want people to lose
We're at 20,475 right now. You apparently shorted at 20K. When will you cover or stop out? Just curious.