Post
Topic
Board Speculation
Re: That Crypto Guy Takes Profit From BTC Long
by
buwaytress
on 29/11/2019, 16:41:01 UTC
TCG has taken profit from his long at $6,600. In the latest update, he discusses his next price targets, and the performance of top altcoins against BTC during the recent crash.

https://www.youtube.com/watch?v=SbH6VVXcq8o
I agree about the 8k target, would even target a tough to reach 8.5k or 9k at the start of next year.

Interested to hear your thoughts for second half of 2020 as I clearly see a bearish market for the whole year (ABC correction, halving effect won't happen). Price below 5k at some point.
Just my opinion.

When exactly did he take profit? Can't be bothered to watch videos, honestly, sorry. If from the time of the post, I'm thinking he's missing the opportunity for the 8k target. I'd have put a trailing stop on the way up to 8k, this kind of bounce, approaching the weekend and on the tail of thanksgiving? Isn't exactly something to be sniffed at.

$5k at some point? Def possible. Especially if the bulls simply won't give up with ridiculous predictions.