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?
The correction has over now and the prices are becoming stable and stands at $11500 and now it dont seems any correction soon so better give up this idea of the prices to go below $10k instead buy now as the prices are going to increase in jan and reach almost $25000 by end.The graphs now point upwards movement and trend will continue in future also so be patient man.
First of all,
I must know what your purpose is to ask that question. If you intend to buy and invest, you should not wait for the price to fall. Because we never know and will not be able to predict exactly about the impending price decline. So you should buy and collect as much as possible and as
quickly as possible. If you want to trade, maybe you can consider again because Bitcoin's current fee is very high. Maybe you can try Ethereum for another alternative. But if you just want a prediction about the impending price cut,
I do not think I can answer that. Because predicting it is very difficult considering that January it seems the price will increase drastically.