bitcoin skyrocketing, what now?
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.
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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.