Sometimes placing an order (or a short) can change an otherwise seemingly reasonable person's perspective, even though the facts may not have changed as much as the fact as their book has changed. Hahahahahahaha ..
Maybe... but then again, BEFORE deciding to put a short you obviously had already changed perspective, dontchathink?
So, in a way, talking your book should be, in most cases, the same as saying YOUR truth.
(Except for people purposedly trying to deceive others for obscure reasons, which is not the case here).
Fair enough. I am likely exaggerating a bit regarding the book-talking.. and surely, none of us really know which way the BTC price is going to go in the short term.. and whether there really needs to be further down, such as below $6,424 or even as low as the $5,600 that dragonvslinux is targeting, and there would likely be only slight marginal benefits to changing the opinions of others within forums like this... I would presume... but hey, maybe this thread is MOAR powerful than I would have previously thought?
Surely, I would, personally prefer up (or at least NO further downs below our local low of $6,424), and I get a bit bothered by the "down before up" proclamations that frequently come off as more certain than they deserve because I have witnessed those proclamations being wrong so many times in bitcoin's historical price performance circumstances that seemed to have been very similar to this. We can only get so much down... or squeeze so much juice out of this lemon...
In other words, continuing to expect a decent amount more down, when there has already been quite a bit of down, seems more like wishful thinking rather than anything that might be beyond 50/50 odds.. or maybe if there is some luck, the odds of further down could be 60/40.... but they are no way near the level of certainty that seems to be expressed in the way that dragonvslinux typed out his proclamation... so I suppose I am making fun of those seeming certainties in the proclamations... while wishing for the gratuitous opposite of REKKT bearshorts.