As advised 2nd target set for $8000 (as posted in advance - see my related post "can Bitcoin Fall To $8000?") with a trailing stop to protect profits. T2 set just in case we have a further sell-off
I think the PermaBulls are in shock after the first selloff after hitting ATH around $17000 ( Bitcoin lost approx 43% of its price then). Now in complete disarray and confusion on another huge sell which they insisted could never happen. Huge wakeup call for their naive inexperience in trading volatile markets.
Warning: Most people can make money in Bull Markets with little/no experience. If you trade learn to trade both sides don't innocently assume markets only go up.
Wouldn't LTC or some other coin be better - both crash`- and bounce-wise?
Personally, I don't short, but I'm playing the dips, and when you get 30-40% out of that (basically 150-200% of what btc does), I don't really see the point for playing with btc.
P.S.: are you still gonna launch your telegram group? - I remember you wanted to do one before TV sent you on your "sabbatical" back in the day.