Do you think it will be the best time to sell as there are two kind of speculations one says the value of bitcoin will reach $20,000 by 2018 and there are also speculations that the bitcoin might go through a dump in upcoming days but i know we cannot believe into random predictions by random users due to the volatility of bitcoin but i need some suggestions whether to hold on to bitcoin or sell it out and invest some of it into altcoins and then wait for the price drop to reinvest into bitcoin which i am not sure will happen or not.
I believe that this time you should sell bitcoin, because according to my analysis, bitcoin prices will probably continue to decline in the near future. The market is in a bear market for a long time and now the bitcoin price is correcting at $ 7100, according to my analysis, the price of bitcoin will probably drop to $ 6000 in the near future so you should not keep bitcoin.
The right time to sell bitcoin is unknown, because it is depend upon the price and also with our needs. If the price is low that was really not the right time to sell, but if we have needs and sell it for good even if we are in a huge dip we cannot also say that we are doing wrong by selling it for our needs.