Chances ... BTCUSD Chart Analysis (04FEB18)

What a rollercoaster of emotions - #BTC drops 60%. Lesson #1: Do not panic! You should want to make sure that you are never selling when prices are dropping.

If you a disbeliever, or you are not patient enough, or you just want to have some cash in your bare hands here is when you could try to sell some of your coins.
As in my previous posts described, I am assuming that BTC will hit bottom somewhere around 5k-6k'ish area. But before it can drop that far, a correction to the red trend line is needed. #Bitcoin could easily reach 12-15k again just to drop further more in a second wave.

So if you this type of person who can't stand this emotional ride, try to quit wisely. ;-)