Quote from: ooeygooeygold on July 09, 2018, 10:50:36 PM

Quote from: kwarto on July 08, 2018, 12:53:25 PM

if i have bought btc at 6-7k then suddenly it goes up to 11k, surely i will sell it right away. market is very unpredictable tomorrow may not be the same. when you feel that you gain from your investment sell it right away do jot wait the price to move backward again. that was happening to many trader because they want to have more they hold coin. but at the end it goes down.. they lower their profit.

If Bitcoin can break through the resistance range of 7k-7k2 $, then it is possible to reach over $ 11k, which is the expectation of many investors because the market will grow strongly. But all calculations are false and investors should have backup plans in all situations to stay active.

Possible this will get broken by the end of the ongoing week. The price fluctuation looks similar to the past week, where it traveled between certain limits for certain time period and began to grow further reaching out the present value. In this manner a stabilized growth could take the price cross the $7000 soon.