It just means that we're not out of the woods yet... duh...

I mean, we just had a large correction from 850 billion market cap down to 650 in a day. Bitcoin dropped from almost 18k to 13k at one point.

To think that small bounce back to 14k bitcoin is "safe" is not correct.

It's good that he isn't recommending a short, but right now we are still more bear than bull. We had a bounce, and now we are waiting for the retaliation, which will drive BTC prices down even more.

So just wait and see...