Post
Topic
Board Speculation
Re: What's your exit price(s) on this bull run?
by
k@suy
on 14/03/2021, 15:21:17 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.

I cannot suggest my exit price of bitcoin for this bull run at the present moment because no one is sure how high will it go. I think when you see a parabolic move like 20-25K upward movement in a day or two, you should be caution because all bull markets are most parabolic at the end.

I cannot either name my exit price in bitcoin because as of now i have a strong gut feelings that bitcoin will continue to take the road of hitting a new ATH and as of now i feel comfortable that even i left even a half of my bitcoin in my hard wallet it still have a value. So far today, i am enjoying watching the market seeing that my favorite cryptocurrency is in green arrow and yeah its like a candy in the eye seeing bitcoin in its new value today of $59,999.