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Hetgus
Nov 13, 2020 10:13 AM

bitcoin skyrocketing, what now? 

Bitcoin / U.S. dollarBitstamp

Description

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.
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