What's up fellow steemers, quick update. Bitcoin is nearing 10k and I think it's for the best to lock in atleast some profit.
Why?
Well first, there's "operation Dragonslayer". I personally think it's complete bullshit but, you know, classic FUD case. 10k is also a psychological profit-taking point for a lot of rich guys. This will drive the price down.
Although I believe it can probably rise a bit higher before the correction (because of the Big Bang Theory episode "The Bitcoin Entanglement 29 nov.), it's a gamble. We will see a huge retracement either way in december because the CME futures cleared the way for Wall Street to short bitcoin. They won't buy at 10k, they will buy at atleast a 50% discount. Futures will be launched 10 december.
Be careful guys, if we play this right we can come out on top by A LOT.
Good luck!