at this moment its not smart to sell below 11400.
it can go lower, but if we get directly breakout to 11555, you wil mis the rise.
Long term investors dont mind short term price adjustment
Yeah, your'e right. Long term investors want a bigger profit and less risk. Because they believe that the price of BTC will double soon, they earn a lot by just waiting for the right time.
Everyone keeps on saying that btc price will double or we'll go to the moon and all that but there's no timeframe when. This can go a bit lower so it would be best not to get your hopes up. I think it's quite better this way. We all know that btc price will go up again but a slower pace maybe healthier than what happened last december.