BTC Investors: Do not Chase High! AB=CD Target Hit
If you have long position from 10k or even lower now you should consider take some profit and let the rest position run. Price May pull back to 13k-14k Why you need to take this pull back into consideration ? Because there is nothing you can do to forbid those people who bought at lower price to take profit!! if there insufficient money flow in to support the current price, and more people want book their profit , price will fall back to 14k again. So be patient, dont chase high
The dynamics and economic benefits of crypto out way the risk. There is a coiling of bitcoin prominent and this will lead to an explosion of price and value. Do not agree with a partial sell at this time as the risk to reward is still in favor of holding positions. Any dip would be an opportunity to buy more IMHO.
Faisal-Nagi
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dschofield
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@MenaPipsCom,
I took half of my position off the table last week. I am cautiously watching.