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RE: I Am Bullish On BTC And Why I Sold Some Of It Last Night: HINT: Think STEEM
I would be taking profit now. I still hold Litecoin but the BTC shorts on the exchanges are going to try and hit it hard. Could help the bounce though.
My understanding is LTC is also going to be on the futures exchange...but I could be wrong about that.
Probably, I wouldn't be touching either on the short side. The largest bull market ever, without counting hyperinflation is not a time to go short, but they do have big bucks, so let's see.