I admit that I was a little shaken up by all the FUD. Our net worth took a huge hit as did many of my fellow Crypto fans. It does not feel good waking up, swiping your Blockfolio and seeing everything you own in the red. The shorters sure had their way with the market.
Those who are short Bitcoin will now begin to unwind their positions. The FUD is fading and the FOMO will kick in. I am preparing my longs and hoping for a profitable coming week. We could see Bitcoin blast back to $5k in short order. This is what I am betting on.