When to sell Bitcoin?

25 June 2019, Tuesday, 12:10 - Edward Xilay
When to sell Bitcoin?

Everyone wants to know when to sell their tokens and leave the market. Prediction tools exist in closed access. For example, the Bitcoin Days Destroyed chart shows how active the long-term BTC coin holders are.

It's obvious that even without schedules, everybody can start the bull cycle. Currently, everyone wants to know when to sell their coins and leave the market. Prediction tools do exist, but generally in the closed access. Thus, I can only publish the updated data on my channel from time to time. For instance, the Bitcoin Days Destroyed chart shows how active the long-term BTC coin holders are. The longer the tokens remain in the holders' wallets, the stronger their further movement to another wallet will be reflected in the indicator.

Let's look at the chart. It shows that long-term holders move their BTCs most actively when the price reaches its peak value. Red lines of the indicator stop decreasing and merge into one solid column (highlighted by arrows). At this point, long-term holders sell their savings, which leads to the start of the downtrend. Not to miss the updated indicator data, subscribe the channel



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