Post
Topic
Board Speculation
Re: Just sold all my BTC because
by
Rahar02
on 12/05/2018, 16:41:08 UTC
This market does not have the steam to break 10K
Will buy back in when things are making more sense.
~~
A Bear Market could be triggered if BTC goes below 9520 according to one analysts. it has already done that today: Tread carefully and use stop loss if you recently bought in!

You were right, bitcoin unable to break 5 digits again, maybe not in the nearly future without any big factor influence the market.
Sell at the peak, around $9800 and buyback in the dip will always be the best choice, rather than holding and regret when the price plummets below $8000. This trend may continue due too many FUD news around, be ready for it.
Fear, doubt, uncertainty (FUD) has been heaped on the digital asset in particular this week not only surrounding a potential market dump but also through legacy business media incessantly quoting Warren Buffett, Charlie Munger, and Bill Gates about the supposed inherent ills of crypto.
https://news.bitcoin.com/gox-trustee-to-flood-market-with-thousands-of-bitcoin-btc-price-drops-below-9k/