So bitcoin tried to make a new high, but failed to do so, although it touched the same recent high of 5350 region. Crypto market looks weak now and bitcoin may drop about 400 to 600 points.
I have offloaded my postion, but I am very cautious about being short in a bull market. So my opinion is to hold a minimum position in bitcoin (25 percent) and accumulate in region of 4700 area.
Users comments are welcome ... let me know what are your thoughts about todays market.