with 3 percent stop.
Should start dropping very soon
* This is not a recommendation to act and is based on my personal algorithms
So are you saying now is the time to sell btc? I don't think this is such a good idea, you know. Bitcoin has been worth $20k and there is no doubt it will be worth that much after some time. I think it is still time to buy or at least patiently hold bitcoins and wait for easy profit. The same holds for other coins like ltc, iota and ripple which dropped for no reason (only iota has some) and we'll see them up soon again. Do you really think btc won't recover? Or were you suggesting to sell at 12700 those who bought at about $10k for an easy and fast profit?
It's pointless for me to talk about past events that you can't verify, but I've been short on bitcoin since 3 weeks ago, from $16,900. I wasn't a member of the forum at that time.
I had many other price predictions regarding cryptocurrency prices which were correct, but it's pointless to discuss them.
According to my algorithms the price will return to 4 digits, I will only know the a more exact number once Bitcoin drops to around $8,000.
So to your question - Any raise in price will be temporary, the price has to drop. I can't rule out some corrections up,
but I wrote specific timings in which it was the right move to short/sell, and also to flip to long once.
The main point is this - most of bitcoin's price movements can be foreseen in advance, I'm attempting to demonstrate that here.
So far in this thread I showed 3/3 successful predictions.