Post
Topic
Board Speculation
Re: When will you sell...next bull run?
by
ScamViruS
on 15/07/2023, 17:24:49 UTC
1. What price do you think that bitcoin will hit in the next ATH.
While not completely accurate, I would expect bitcoin price to reach around $100k-$120k in the next bullish cycle which is the new ATH level. I see that the next bullish season will be the period many people are waiting for as the bitcoin price will set a new ATH record as many analysts have been predicting.
When the market breaks the new ATH it will again create more greed among traders, as a result of which those traders will not sell at that top and book profits. So I think if you really want to sell your bitcoins in the next bull market, you should set a target in advance so that you don't regret it later. I have seen many traders who have lost rather than profited in bull markets simply because of indecisiveness.