Topic: Do you'll Sale bitcoin on today? - page 8. (Read 1139 times)
I see no meaning in selling right now. After the big dump we witnessed, Bitcoin price didn't change too much. It's $33.7k now and it's on the rise again. Maybe people who bought at $29k can think of selling now but I don't know. If you aren't a short-term investor, I think it's better to wait for the price to reach a new ATH at least. Or one should set a price goal to sell when it's reached.
Whats the point of selling today? Everyone who wanted to sell at 33.5k had all 2 months to do so. If one did not sell at 33.5k in May, June and mid-July why should he sell now? Especcially if its the first day at this price when we actually see some bull power:
We have just broke strong resistance on daily candles that was being tested at least 8 times before. We also broke downtrend on daily RSI that was with us for last 6 MONTHS. Why should we sell now? Its buying time.
We have just broke strong resistance on daily candles that was being tested at least 8 times before. We also broke downtrend on daily RSI that was with us for last 6 MONTHS. Why should we sell now? Its buying time.
For almost a full day I pay attention to the price of bitcoin, and still survive around the price of $33000. I don't see that there will be a significant change to go up. Will you still survive the market conditions like this? Confusing.
What is so confusing, the market is on a rebound right now, almost reaching $34k from the lows that we have lows that we have last week at $29k. So there's nothing to complain about as the price is steadily climbing and it is back from the last dip.
But as far as significant changes, we have been trading sideways for more than two months now. So no surprising that if we ever reach $33k-$34k we might experience another sideways until there will be a break out run.
probably because there are resistance along the way up, if it doesn't break out today maybe in the next few days but it doesn't look confusing after all it's not yet reached the peak on its daily time frame. its not yet a good time to sell but i'd be wary after this weekend. i'd like to believe we are retracing back uptrend once again. despite altcoins not showing lots of growth.
for now maybe I will not sell my bitcoin, because even now the price of bitcoin we see is decreasing, if we have other savings, we better take our savings, we just save our bitcoins, we make assets, because we buy bitcoin to make a profit, we better sell bitcoin when bitcoin rises again,
For almost a full day I pay attention to the price of bitcoin, and still survive around the price of $33000. I don't see that there will be a significant change to go up. Will you still survive the market conditions like this? Confusing.
What is so confusing, the market is on a rebound right now, almost reaching $34k from the lows that we have lows that we have last week at $29k. So there's nothing to complain about as the price is steadily climbing and it is back from the last dip.
But as far as significant changes, we have been trading sideways for more than two months now. So no surprising that if we ever reach $33k-$34k we might experience another sideways until there will be a break out run.
For almost a full day I pay attention to the price of bitcoin, and still survive around the price of $33000. I don't see that there will be a significant change to go up. Will you still survive the market conditions like this? Confusing.
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