RE: URGENT!! Bitcoin (BTC) Evening Update: Critical Juncture REACHED!!!

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URGENT!! Bitcoin (BTC) Evening Update: Critical Juncture REACHED!!!

in bitcoin •  7 years ago 

I'm in @ $8400, so I am considering a sell point at $9500 so that if it breaches far out of the lower white channel I can buy at around $4k-$6k. Thoughts?

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It is your money and your decision. 🙏

Good luck man! :)

Not a bad idea if the pattern shows it is going down but just make sure if it does that it isn’t a bull wick where it can momentarily go outside the lower white channel and then quickly bounce back inside.

I did this same thing a few weeks ago at $11,500/$8000/$6000. It worked very well for me in this instance but it's risky and stressful. I'll be watching closely considering the same approach this time. Good luck.