some experts said that Bitcoin price will reach $40000 within the next 2 years. do you agree with that?
https://www.aicoin.com/chart/59D56005BTC is still setting new all-time highs but shows signs of weakening strength, profit-booking orders are increasing at integer marks around $10,000, let’s take a look at the chart below as circled (as attached).
We’ve witnessed several rounds of continuous selling behaviors, indicating that part of major funds is selling their positions at present level. As BTC price climbing, short-term risks keep increasing, too. So, here’s my advice today: Sell part of your positions around $10,000 to prevent the possible losses caused by a major adjustment. Considering that price is above $9,000, it’s normal to have a wave of adjustment at present level. In the short term, risks around integer marks are not released as price didn’t experience an adjustment in price yesterday, therefore, pressure around $10,000 still exists.
BCH:
Because of the strong performance of BTC, BCH can be seen as the weakest major coin in the past few days. The choppy move of BCH price is within a narrow range and under a good control of main funds. If BCH remains above $1,520, price will surge once BTC starts a correction move.
ETC:
The date for difficulty adjustment of ETC is getting closer, as you can see, ETC price is getting insane. If I were you, I would sell half of my positions to prevent returning the profits I’ve earned.
ETH:
Is ETH going to have its “son” like BTC did before? Can we say that we’ll have another round of “candy bonus”?
After a continuous choppy and consolidating move, the reason for turning over at high levels becomes sufficient. It won’t be difficult for price to have another round of uptrend by making use of the bullish news mentioned above. Therefore, hold on to your ETHs.
LTC:
As uptrend continues, LTC price keeps increasing, hold on to your LTC and go to sleep. Yes, as easy as it sounds.