Even in the event that the market goes down, Bitcoin remains a safer option than other cryptocurrencies. For the record, this means I am NOT selling Bitcoin at $17k anymore. In the event of a continued cryptocurrency bull run, Bitcoin is well positioned against other cryptocurrencies and could easily see $20k+ soon. What are your thoughts?
I mean, we don't care if you're not selling 17k but, good for you.
Back on the 25k topic, if we think in the short-term, the only way BTC can reach 25k in the short-term is when the altcoin dump begins. We've seen altcoins getting pump to the point where prices have reached some absurd levels, and it's only a matter of time before people realize that those shitcoins they invested in have no future whatsoever, the money will flow back into bitcoin and everything will go back to normal, at least until the next altcoins bull run.
Now in the long-term, 25k sounds low if we compare the growth we saw last year.
If you are ok with this price means,you can go head to sell your bitcoin.
But you need some more dollars for just holding means,hold till it reaches maximum.Since now the price of bitcoin is stabled at 16800$,the price of bitcoin will reach 25,000$ soon and followed by 20,000$.Don't sell your bitcoin with panic.