Bitcoin target can be seen near term at $1700-$1800 range.
Bitcoin target can be seen near term at $1700-$1800 range. So, better take profit and keep patience to buy again. The pattern it is made by bitcoin trade today is bearish.
So, I will suggest to sell at this level and buy at close to $1700-$1800.
The fundamental of bitcoin is now more competitive to peer as well.
This sell off may be due to profit booking. On the other hand, Ethereum is also a good bet who is giving competition to Bitcoin.
The transaction fees is also high in Bitcoin.
I disagree. I think Bitcoin is stable around $2500
no worry, this is your vision. As I see technically this can touch to range $1700 - $1800
Why? Will people pull out massively? BTC is so stable i cant see it happen
this can be number of reason, profit booking one of major reason. Technically $1700-$1800 is the range where this can be seen buy again...
"As a result a slump is created in the market when a lot of people indulge in profit booking. However, the slumps created as a result of profit booking are extremely temporary in nature. These issues get resolved and the stock price comes back to normal in a matter of days since there is no problem with the fundamentals of the stock. Profit booking are just temporary aberrations created by market sentiments."
Yes correct, you will find bottom very soon, instead fear keep hold or buy again at that level.
target reached... :)
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