One thing I've learned is that betting against Bitcoin is generally unwise. You think you have a pulse on the market and - bam, you wake up and it's taken a 180. The truth is nobody really knows.
Right now, the bull is cowering behind a brick wall.
It is still intact, but shitting a brick.
Having bought a lot of coins recently at around 1000 - 1040 mark, I am now taking loss selling in order to minimise financial damages....have more ordered lined up for the possibly imminent slide down the greasy pole and as ever, am likely to change my outlook in a flash should more positive signs arise.