This is a question for speculators, not hodlers.
Hodlers never sell!!!
Speculators - what is your selling price? When will you take profits in this price spike, if you haven't already?
I think the price is rising much faster than many think, and will easily be over 5k by Friday.
My guess is 8k is the peak, before a significant correction (perhaps taking it down as far as 2k, based on past volatility).
So by that reasoning, and given the severe volatility likely at the peak, I reckon sell at 6k in this price spike.
What do others think?
8k peak price seems very unreachable as of now even it would spike hitting up that price seems impossible as of these days.My selling point would be on 4500 and max on 4800 and if the price would hit up those boundaries i will surely sell and secure profits and buy again on cheaper prices later on.If this kind of rally would still continue maybe hitting 5k up would really be possible.