With the recent rise in the price of bitcoin to us dollars to as high as $3305 as at yesterday, the best period to trade your bitcoin is now.
This is the best time to sell out our bitcoins and securing the profits we do gain specially when we do bought it on lower price in previous months.If you are a short trader you will surely do such thing for sure and this is what im doing now, securing profits in a certain high price point. I know that this price range would not be permanent and there would really be a time to see those prices would really go back again on those price on 2700-2800.
I think not at near time the price of bitcoin will go back to 2700 till 2800 dollars because on graph bitcoin price seems strong in 3000+ dollars.
i did not said that current price will stay and permanent, you are absolutely right this thing that current prices still possible to down again to lower than 3000 dollars. but not happen for near future.
demands of bitcoin seems still good to keep the price at current level.