Hi community, now btc is more then 15500 wha do you think - when is better to sell it? when price will go down?
It is so hard to predict the top but it seems inevitable that a correction is coming. I think probably we are about there right now and we may see a drop to around 14k in less than a day before bitcoin just picks right back up where it left off and pushes on towards 20k. It's risky business trying to trade the peaks and falls especially in such a volatile market as we have now.
Very hard to predict. In fact, looking at the time the OP posted this and what happened after wards as bitcoin just kept skyrocketing.
The truth is that we do not know how long this is going to keep up, but the only thing certain is that bitcoin is here to stay and in the long run, we will all be a part of something great and huge. Like you said, it is a risky business but that is what makes it fun anyway.
We all hope there would be a correction but that does not mean that it may come. Everything that is being said is an assumption which could end up happening or not. However, for now, we just keep seeing where the chart leads to and in the long run believe that bitcoin would really give us some pretty good profit that we have always hoped for.
This trust of the community has enabled bitcoin to gain its stunning popularity and price. Bitcoin has always proved itself to the people holding it. The future of bitcoin in the coming few years will be a pragmatic one. It has already made the life of many people associated with it and still bitcoin will make it better. With this hope people are rushing to get bitcoin which ultimately is the sign of power, strength and potential of bitcoin. Some of the bitcoin haters till this day call bitcoin a scam while ignoring the price and demand of Bitcoin.