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RE: Bitcoin stops just short of 5000 and I'm out
So you're using leverage through a broker that does business hours? That sounds really dangerous.
I doubt it will bounce all the way back up to break $5000 this weekend. Some consolidation is going to be needed after this I think.
Yeah pretty much, though you'd also avoid a margin call if it happened outside of FX hours and then recovered. Either way, looks like getting out prior to the weekend was a solid decision :)