Hetgus

bitcoin skyrocketing, what now?

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
bitcoin is currently being traded at usd 16.340
I slowly started closing my long position at 15.892 and I am now selling at an average usd 16.118
We´re in the middle of a magnific bull run that can continue for countless weeks but I must alert that a correction will come sooner than latter.
My targets for the correction are: 14.000 (1st) and 12.500 (2nd).
My suggestion: you might start to slowly sell your position (1st suggestion) or keep it, but don´t forget to set your STOP Gain (2nd suggestion)
If you´re in bitcoin for the long run, then just keep your position and forget it. I am working with the idea bitcoin will reach usd 100k in the year of 2022.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out