You are viewing a single comment's thread from:

RE: Day 19: Thoughts on Bitcoin forks and the new bubble

in #bitcoin7 years ago

After a small correction to 5300, today the price got to a new ATH of 6000. So what's next? Here's an interesting TA:
I came across this interesting post, https://medium.com/@pterion2910/bitcoin-pump-thoughts-9b76219ee390

According to this a safe exit is at ~10k, but the price may arrive to 12k, and top even 17k. I think the safest strategy is to take some gain out as the price go up. Keep in mind that, FUD may arrive any time, and the price can drop at any moment regardless the technical analysis. So hold, don't panic sell, and play safe.