Sold my Bitcoin, expecting a correction 📉steemCreated with Sketch.

in #bitcoin7 years ago

I sold my bitcoin this morning at $4705. It is now trading higher and could even hit $5000, but I believe a pullback is due. I've been following this chart by @AIM_Buster on twitter:
IMG_6637.PNG
He's been right on the money so far. And although, I might not make a perfect trade.. profit is profit. I'm still holding Ethereum and Steem of course. I will look to buy back into Bitcoin after the correction. His target is $3200.

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I think it will reach 5000 with in a week with a small pull back to the present price, then slowly head past 5000

It's possible. I definitely think we are going way higher. Probably over $10,000 by next year

thank you for sharing this information. i want to buy more bitcoin (0.3) to complete my collection of owning one bitcoin to just forget about and wait for it to go up in 20 years. lol . but according to your advice, i think i will wait till november to catch it around 3200

That's my plan, but I will probably start buying anywhere close to that number. Just in case it doesn't go down that far

I hope you are right but IMO it is not a good practice to time the market. I would rather sell some and keep the rest. The trend is up and therefore you only sell if a profit target is met.
But of course this is just my two cents... Good luck (for both of us BTC owners!)

I also expect a correction. Who is pumping still money into the market? Very strange.

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