Post
Topic
Board Bitcoin Discussion
Re: What's your exit price(s) on this bull run?
by
rhomelmabini
on 11/03/2021, 16:30:18 UTC
Seeing quite a few predictions here based on log charts that BTC is going to 150k, 200k, 400k, etc. by EOY then crashing 50-90% in '22. If you think the markets are going to follow this pattern a la 2017, then what are your exit points and reentry points? These could always change but I'm interested in what your medium/long-term strategy is to capture most of the anticipated highs of the bull run.
Well, as far on your list here I think $150k-$200k was something more real even in this year alone but I think it will be the same as the 2017 bull then 2018 bear market, what crypto space miss on that year was the institutional investors. It's no wonder there will always be who will taking some profits but I don't think these institutional investors will just hodl it for a year.

Sooner or later a $60k-$80k would be surreal I may guess but I think I may not get into FOMO as those are psychological levels and there will be whales may selling at that point. I think bitcoin exit will always be at December, historically.