Hi community, now btc is more then 15500 wha do you think - when is better to sell it? when price will go down?
Although price is pretty much high but still not a perfect time to sell because most probably it will keep on growing next year and soon it will achieve the $20K benchmark.
Bitcoin price oscillation is too much high we have seen major price difference in a single day but still according to my observation there are rare chances that the price will go below $14K now, it will keep on increasing until or unless a disaster happen.
We have seen corrections already, but the price is still too steep in my opinion. I heard that bitcoin reaches its peaked at $18,000 yesterday but its a psychological barrier for most traders that's why they have cash out some and the price is "down" to $15,000. But its not comfortable seeing a correction at a price of $15,000. LOL. The real target before the end of the is $20,000, but I'm not sure if we are going to hit it though. But to answer the OP, yes, the best choice is to hold on our coins, because for one we still haven't seen the bitcoin future offering. I see that the current price is driven by all of this. And CME and CBOE haven't officially started it yet, so for me their still someone out there who are willing to buy and doesn't want to miss the opportunity (FOMO). Let's see how it pans out, just days before CBOE starts its offering on Dec 10 if I'm not mistaken.