Selling Bitcoin now will be the best decision | BasedOnNews

Selling Bitcoin now will be the best decision – From the outcome of the trending stories, it was observed that investors may lose if they fail to sell BTC now. Bitcoin as the world most valuable crypto asset suggest that investors can start selling some of their bitcoins to enable them make profit. Selling bitcoin now is an added advantage to investors as they would make lots of profit.

Why you need to sell Bitcoin now

BTC rose above the $12,000 price level, roughly about 23 hours ago. But there were warning signs indicating that daily active addresses on the network were not keeping up with the surging price, and that a correction would be swift. A bearish divergence also formed.

From record as of yesterday, the price continued to climb towards $12,000 in spite of DAA dropping from 1.06  million on Friday to 959, 000 on Saturday (-9.5% drop). As a result of this bearish divergence, Bitcoin fell back to $11,000 price levels in a hurry (-8.3% price drop).

Important task to know

Glassnode, with a detailed diagram, explained why despite the recent plunge, the world’s flagship cryptocurrency still had the bullish momentum in play.

 “Investors are not moving $BTC at a loss. Adjusted SOPR (hourly chart) is still above 1 despite the sharp price drop, showing no sign of a short-term trend reversal (yet). Closely watching this level,” Schultze-Kraft said.

Do you know that the price of Bitcoin is so volatile because of its high use for financial gain and speculating advantages used by global investors and crypto traders. As such, individuals and hedge funds sell and buy Bitcoins as they would do for any other financial asset (stocks, bonds) with regulatory limitations.

Therefore we plead and ask investors of Bitcoin to sell some of their BTC to enable them make huge profit.

Vital Steps on How to become a Successful Bitcoin Trader