If you read my previous post on Bitcoin.
You will see that I recommended to buy Bitcoin between the price of $5800 and $6400
Here is the link of my previous blog post:
*This is not a professional or investment advice. This is just my own opinion
I mentioned in my previous post that If I was wrong I was not going to do another analysis but since it went in the direction I predicted I feel I have earned the right to do another one :)
Also in addition I want to say that no one can be certain and the charts are not always correct but I have been doing a lot of charting in my free time and let's see If I can nail this one right one more time !
By the way If I am a little bit OFF please keep in mind I can not be dead on precise but I try to give people a direction and also this is just my opinion.
Those who followed my first Bitcoin Blog, and also decided to go with my opinion and buy BTC with me at $6400
here is another opinion in a Q & A format:
When should I Sell Bitcoin ?
Like Right now !! :) You can either sell now at $8800 or test your luck some more and wait for tomorrow or the day after to see if It has some momentum left to go up to perhaps in the $9400 - $9800 range.
Do you think Bitcoin Is going to tank again ?
Yes, Any day now so you may get a good opportunity to buy back lower.
When Should I Rebuy?
A bit early to answer but definitely lower than $7500 and best possibility and dream buy price would be $5500 -$5800 and there is a good chance but a bit early to predict weeks down the road. Lets just wait for this baby to come back in the $7000's first.
I really want to see how many times I can be right till I finally fail :) (better than what other charters have to offer yaH ? and they have 50 k followers )
Cheers,
Best Regards.