Post
Topic
Board Speculation (Altcoins)
Re: Surpassed $9k, would it be possible to overtake $10k or higher?
by
Chinocshyp
on 17/06/2019, 14:34:32 UTC
Yeah, I think it would go beyond 10k. However, It has to come back below 5k in the near future to wash out all the greedy traders - because everyone cannot make money.

Based on my analyses, even though the price has been moving very high, the volume hasn't been that impressive. With the price currently sitting around 9300$ There is no doubt that we will see 10,000$. the question is, what happens from there. The smartest of traders would get out early and not leverage at this time. because, trust me, leveraging at this time will bring peril to a lot of people.

Everyone believes btc will hit 100k+. I believe it too. it will most likely do so. but this is not the move that will take it there. BTC could certainly go higher than 10k But I'd advice traders to be careful. I am sure the whales are gearing up to drain as many traders as they can lay their hands on.

In this situation, there's one best thing to do.

holders: for you, the long-term gain is what you crave. my suggestion would be for you to keep holding or sell half of your assets and buy lower.

margin traders: All the best for you. you need to be more careful and set a tighter stop-loss. I'd have suggested you stop margin-trading, but I believe you know yourselves better.