I felt like I missed a great opportunity at selling high and buying low when it reached 5k and drop to 4k a couple of days ago. Now it happened again from 4k to 3k. You think it will happen a third time, from 3k to 2k?
Nowbody can really know this but I shure hope it does and even below 2k. This way all the weak handshake will be shaken out of the system.
We are seing this "China ban" again and again and always with the same result. Slowly, but shurely, the market will be mature enought not to overreact on news like this.