Hi community, now btc is more then 15500 wha do you think - when is better to sell it? when price will go down?
I think we should sell when price hit $25,000 and that is were I expect a serious clash or big corrections. I have see many speculations why bitcoin is going to fall and when is going to clash it will fall to close to $3,500. I therefore disagree with them and speculate that bitcoin will not fall below $10,000 before end of 2018, I expect this bitcoin is still going up.
It's not really a good idea to set a target when you don't know what exactly is going to happen yet. Instead i would definitely think that seeking out market trends as they come by is a much better strategy in terms of timing your exit.
Personally, i think it's going to be somewhere betwene july and august that the BTC price will go down dramatically.
Before that we should see a lot of rallies that brings the prcie up to $30k+, before a crash happens. Expect a lot of adjustments in price as the rally goes on though.