Crypto Assets Price Prediction : Buy or Hold or Exit
On 1st September BTC touched and crossed all time high of 5000US$. A correction was expected to continue as predicted in our post on 11th September.
However, the correction accelerated and precipitated further due to announcements from China to close crypto exchanges and ban ICOs.
Now what - So we did our analysis and overall the market price of both BTC and ETH is lower than our modeled price suggesting that buying now is safe. A fresh buying signal is still to come.
Modeled Price for BTC (3916) is lower than Actual Price for BTC (3746)
-> BTC is slightly undervalued mean safe to buy
-> Fresh Buy Signal came on 18th July.
-> No exit signal yet
Modeled Price for ETH(258) is lower than actual price for ETH (291)
-> ETH is is undervalued valued mean safe to buy
-> Buy Signal came on 18th July
-> Exit signal came on 9th September
-> No fresh buying signal yet
Overall buy and hold Crypto assets to ride next upmove. Actual buying post (referenced below) was already posted on 15th when market was trading much lower of our modeled prices.
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STOPWe'll see