I closed my short position after the rebounce at 6000 USD, which is the support zone "Bitcoin miners" have to defend by any means.
I am short on Bitcoin all along from 12k and made some nice profit from the swings. If you understand the market mechanism behind this dump and pump scheme, it is very predictable (only 1 of 5 trades went wrong).
So I am waiting now to go short again.
Depending on the price movement (are there spikes to lure people?) I will go short once the bearish momentum is evident. However, it will be not easy to catch swing and it is possible that I am going to miss it.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.**