Post
Topic
Board Speculation
Re: What's your exit price(s) on this bull run?
by
Slow death
on 13/03/2021, 08:33:15 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.

my entry point would be: $59,500 (yes I will buy only if I see that the price broke the resistance of $58000) and would sell if the price reached $ 72000 (if in the case there is a very strong resistance at $ 72000), in this case if I buy at $59500, I'll put Stop - Loss at $57500

I still think it is impossible for the price to fall below $43000, but if it happens I would buy it