so are we?? I feel uneasy making any trades atm... what you guys think?
If you mean that we are out of the price correction after the Chinese declaring banning bitcoin, then I would say Yes, because the price has already recovered and trading in a average of $4600-$4700 already. However, if you are not comfortable in this times then do trading but just hodl on your coins. If you are new in trading, then you have a lot of lessons to learned in my opinion. Actually the price volatility what makes bitcoin attracting to most of the traders. So I advise if you are not comfortable because of the current price, then take a step back and just observe the price movement.
The correction has only just begun, the initial indicator that we are bound for a correction was the drop from 5000$. We had our little bounce back up, but this is the best time to go short on btc as I see no reason why anyone would be inclined to take a long position.