When to Cash Out Your Bitcoin: A Pundit’s Guide

Bitcoin’s back above $100,000, and everyone’s piling back in. But when’s the right time to sell? Crypto expert Ardizor has some (slightly wacky) ideas.

Ardizor’s Sell Signals: Is This the Top?

Ardizor says he’ll dump almost all his crypto when a few things happen:

  • Profitability Index Over 300%: This means Bitcoin is way up.
  • TikTok/Instagram Mania: Crypto is trending big time on social media.
  • Everyone Thinks They’re Smart: The market is overflowing with overconfidence.

He adds three more, even more outlandish, indicators:

  • Coinbase Tops App Stores for Two Months: Think everyone and their grandma is using it.
  • Taxi Drivers Are Crypto Experts: Seriously, everyone’s talking crypto.
  • Your Grandma’s Asking About Bitcoin: Your friends and family are suddenly interested.

Ardizor believes these signs point to the market peak. Until then, he’s buying more. He promises a public announcement when it’s time to sell.

Ardizor’s Investment Strategy

He also shared his portfolio allocation:

  • 40% Bitcoin (BTC)
  • 20% Ethereum (ETH)
  • 10% “Quality Altcoins”
  • 5% Meme Coins
  • 15% Working Capital
  • 20% Tether (USDT) for buying dips

Price Predictions: How High Will Bitcoin Go?

Experts have varying opinions on Bitcoin’s peak:

  • Peter Brandt: Predicts $125,000-$150,000 by August/September, followed by a 50% correction.
  • CrediBULL Crypto: Agrees on $150,000, but suggests a possible $200,000, although he thinks Jim Cramer’s prediction that it won’t reach that high is noteworthy.
  • Standard Chartered: Also predicts a $200,000 Bitcoin by year-end.

Currently, Bitcoin is trading around $103,600. Remember, these are just predictions, and the market can be unpredictable.