There is a lot of downward pressure right now.. or at least a holding pattern.. but at the same time, the bearwhales cannot get the price to go down. Maybe we could go down to $4200 before resuming our upwards, perhaps?
Talking your book, eh ?

No. I don't trade like that or participate in this thread like that.
As I have stated numerous times, I have a system in place already that pretty much buys BTC as the price goes down and sells BTC as the price goes up. For a large majority of the time, I do not take any extra position based on what I think that the price might do, except perhaps a little here and there on the margins.
And, even when I have some kind of theory about what I think that the price might do, I might tweak my thinking by 5% or maybe 10%, but it is usually not enough to take any kind of strong stance outside of my already existing system.
So in that regard, I was just describing a kind of hunch that I had about the current market dynamics. As we know, the price correction from mid September took us down about 40% from the top to below $3k, and then we got a rebound to $4,150, and then another correction to $3,550... so going up to $4,450 in the past day or so.
Accordingly, I thought it could be possible, perhaps, that we could have another oscillation that might go as low as $4200.. but surely it does not matter too much to me either way because I follow my already existing system .. and I just tweak my system in relatively small ways, here and there.