Bitcoin Surge: Should I Sell or Hodl my Position?

The price of BTC has been on the rise in the last few days. Yesterday, it rose to $63k and returned to $58k. However, it is currently over $62k as at the time of writing.

Many people are wondering why the price of $BTC is surging. Will the bullish trend takes u-turn now?

Some analysts have said BTC will break the ATH record of $69k and begin a downward trend

I know that many people are wondering if they should sell their position now or Hodl onto it. Before you take this decision, read what the CIO of Bitwise said.

"With #Bitcoin right now, there is too much demand and not enough supply." - Matt Hougan, CIO Bitwise.

If you understand the law/principal of demand and supply, you should know the best decision to take at this time, especially as we head towards the #BullRun🐂 that will be created by the burning 🔥 of more #Bitcoin

I am holding my position.

NB: This is my personal opinion, not a financial advice.