I sold some at 10,900 hoping it will fall again to rebuy in the 9000's as I purchased some around 10,300... Do you guys think another temporary slump will happen soon? Or cut my losses and rebuy now at over 11k?
It is pretty high these days and it is staying right now at $11,000. It is high so the only possible movement of the price is down but I doubt it will be reaching way back to $9,000, maybe at $10,000 but not gonna touch back again $9,000.
For me it is better to wait for some good movements before deciding to buy again. This is the last month of the year and most of the good prices and ATHs happened in the last month of the year. Better be patient mate.
That's possible to happen mate because if pricr of bitcoin will turn that bigger than its current price right now, hopefully that $20k will soon be a reality. More people will be selling and will really dump their assets due to profitable price, that's the point of view that we are looking and price will fall eventually. If that will happen many investors will grab the opportunity and those alts will also surge its value in the marketplaces.