You are a long-term investor (BTChalving and ETFs may push prices higher).
Bitcoin remains above key support levels ($83,600 - $84,000).
Market sentiment remains bullish with increasing volume.
2. Sell if:
Price struggles to break $85,000 resistance and drops below $83,600.
Volume decreases, indicating weak momentum.
Short-term traders want to secure profits before a potential pullback.
Conclusion:
For long-term holders, holding is advisable as $BTC still has bullish momentumr short-term traders, consider selling if Bitcoin fails to break resistance or starts declining toward $83,000. #BNBChainMeme
I feel like there is a huge drop on So try to Sell $BTC and buy again at 78K
This may be sentimental incident of MARCH 16 2023.
Be cautious and try to make right decision at right time
Seeking Expert Advice: Should I Hold or Sell Bitcoin?
Bitcoin has recently dipped to $79,000, and I'm unsure about the best move. Should I hold on, expecting a recovery, or is this a sign to sell and secure profits?
I'm looking for insights from experienced traders and market analysts. What factors should I consider in making this decision? Any advice on short-term vs. long-term strategies would be greatly appreciated.
Thanks in advance for sharing your expertise!
Will it still move down and reach 75K as mentioned in one of post $BTC $