Bitcoin price is soaring. Its price trajectory is extremely steep. I fear that the Bitcoin price bubbles is reaching its point of yield. What is mean is, that such steep ascents in anything are rarely sustainable. I am going to sell my coins fairly soon. What do you all think?
I think that you should not say that bitcoin price bubble is reaching the point when it should go down, because you need to remember that actually it is not possible to tell when bitcoin will stop rising or just stop increasing its market cap- its just impossible.
Cryptocurrencies are so unpredictable that it makes such an analysis a little bit useless, I think that you should more look at your goals that you want to achieve with your trading, and then decide according to this data.
If you are already satisfied with the profit you can make on the current BTC price, then just sell it! But to be honest, I think that everything over 2000$ is already a great price, i think it will go below that in some time but it is already high if you look at the chart, so it is a good occasion for selling.