To be honest, as you can see, the current price of BTC is just unbelievable, have you ever owned some BTCs before? If so, are they still in your wallet? You may be deadly regretable if you already sold them out? I guess.
P.S.: I have an price analysis for today as below.
BTC:
BTC price skyrockets though day traders dump their BTCs out of panic, nevertheless, those new traders rushing into the market are still taking those BTCs over at high levels. Here is my advice: For BTC believers, you can just hold on to your BTCs however the price changes. For day traders, pay special attention to the short-term risks. Once price breaks below MA 5, profit booking should be considered. Nothing will just keep increasing in price without dips, well have another chance to buy BTC in sooner or later.
BCH:
BCH got supported just above the line as I circled yesterday. Today, we saw a violent rally of BCH price which seemed fearless when facing BTCs astonishing gains, indicating that main funds are determined to protect BCH from dropping. Competitive coins against BTC will have another round of bullish trend when BTC price starts a correction.
LTC:
LTC got a short-term and effective support at current price. A good rally of LTC price is expected when BTC price starts a correction. Also, its likely for LTC to continues setting a new all-time high, holding on to your positions is the best strategy for now.
ETC:
ETC price action seems relatively weak. Though forks are coming to ETC like what happened to BTC, the overall environment is changed now. Therefore, ETC is still likely to be oscillating and downward in terms of short-term price trend.
Altcoins:
Those altcoins with support from main funds can be our targets. The astonishing surges in BTC price almost lower all altcoins prices, including those with positions set by main funds. Altcoins mentioned above are expected to experience a good rally in price and regain their grounds taken by BTCs. Lets wait and see.
Original by Kuang Ren, translated and posted by AICoin Jami.
I think don't sell your BTC