Crypto Assets Price Prediction Using AI : Buy or Hold or Exit

in #prameshtyagi7 years ago (edited)

Community was guided on 17th November to book profit on upward moves of BTC. Any fresh buying was advised after correction and fresh signal. Since then BTC is on continuous upmove and has not seen any significant correction yet.

Now BTC is trading at 15142$.

Now what - So did analysis again and overall the market price of both BTC and ETH is higher than modeled price suggesting that buying now is not safe. Better to wait for a fresh buying signal.

Modeled Price for BTC (14334) is lower than Actual Price for BTC (15142)
-> BTC is slightly overvalued
-> Last Buy Signal came on 25th september.
-> No exit signal yet after the buy signal

Modeled Price for ETH(405) is lower than actual price for ETH (472)
-> ETH is overvalued
-> Exit signal came on 30th November

Overall keep doing profit booking (never completely come out of market) on appreciated Crypto assets. For any fresh buying -wait for significant correction and fresh buying signal.

Link to update for last analysis published on 17th November.

Crypto Assets Price Prediction Using AI : Buy or Hold or Exit

Note - it is merely an analysis out of my interest. I take no responsibility for any loss anybody incurs as a result of following it.

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