Bitcoin Forum

Have you ever been caught off guard in life generally? Relative to bitcoin I have learnt many things about the market totally taking an opposite directional move from our wide expectations.
Source:. https://www.binance.com/
https://i.ibb.co/nb2fLLN/Screenshot-20230927-130423-1.jpg

Just today from the charts BTC has been pushing up in a big green high momentum candle in the past hours of today and this many are excited about the price.

But what if, we are caught off guard by the market at this snapshot point with another unexpected long dip again whereas we're expecting a little more pump in October?

Are you on guard for any unexpected?

Holders will not think about it at all. This is not the first time the market has behaved like this. What you call volatility is not still volatile because it is possible that bitcoin may lose $2000 or more in just an hour which makes this volatility to be little. There can be high volatile and that is how bitcoin market is sometimes.

Only the affected people are the traders who day trade or scalp. If a scalper or day trader go short position today, they are losing already. But that is what holders will not still consider as loss.

The difficulty for the price to penetrate the first resistance level at 28102.3 and the price slowing down as it approaches that makes it difficult to see resistance levels at 30173.5 and 31786.3. Therefore, it seems that we may close this month and next month below these levels and not above them.
As for those who expect the price to decline, I think the reason for doing so is that if the price does not break the resistance level, it may test the support level at 24877.1, and if this happens, it is most likely that we will decline to the 22100 in the worst of circumstances, at least based on the current circumstances, so what will happen is not a big change. In case of a rise or correction.

Whales see what we see and they are smart enough to manipulate the market oppositely than what most of the market crowd think. So price can crash surprisingly or pump when we are all thinking the market is boring and has no reason to rise.

Models and patterns mostly fail because whales bend price chart to those models and patterns but eventually they make big surprise by bending a chart oppositely than what pattern should be completed.

With years in this market and witnessed many shocks, I am now familiar with it and no longer trust any model or pattern.

This is not the first time and nor the last time. We will continue to see such movement. I am curious if you were surprised by such a movement. I don't think any holders were surprised by such a movement. We have seen such movement almost every week or multiple times a week. These movements are effective for day traders. A couple of hundred Bitcoin sell can move the market again to the down trend.

Sometimes, news affects the market as well. We have seen fake pumps and dumps. Whales do these things, and many traders liquidate their entire balance. Personally I am not a trader, so it does not bother me much.

Obviously, expect the unexpected one of the top-tier tips of trading physiology. I'm not sure about the price pump as I cant see any Bullish sign on the chart or in the latest developments so I would say better be careful as I'm extra careful with the market at least till Friday. There is no need to be excited to wait for a while there will be clarification in the coming few hours.

It relies on the DCA and smoothly moves on with the accumulation. I was reading the market last day and my first insight was that the market will stay in this tight range for the premium Buyers (Whales).

If am correct this is a bearish wedge chart pattern as shown here and going by the analysis there's high percentage possibility that price may go a bit bearish retesting support level before breaking pass resistance going up above 27600.
But what we down know is how much time will it take for all of this to happen, and what if the price break pass the support level 22100 and support turns to resistance as we enter October.
 
Meanwhile with the repulsive moves inherent in the market what may not be a significant change for "A" might be a big one for "B" if "B" is a day trader and "A" is just an ardent hodler.

If this is a bearish pattern, it should broke the support level not the resistance. So if ever there's a breakout in an unexpected direction it will lower the probability, just like what we saw in the chart. Instead of breaking the support, it breaks the resistance level.

However, since I'm not using pattern trading this kind of stuff doesn't matter to me. I'm just looking for a setup that harmonized to the trend in the higher time frame.

Example: If the higher time frame is bullish, I will look for a bullish setup in the lower time frame (vice-versa.

Weekly time frame for me was still a bullish, so I will ignore all the bearish setup that I saw in the ltf but look for longs.

This is just a short timeframe chart that’s why this move looks like unpredictable but you can have a good overview on what’s gonna happened if you use long timeframe chart such as daily or weekly. The price of Bitcoin before this price fluctuation is playing below the EMA lines which means it is about to go dip again on long timeframe. A strong wick is a sign of struggling which typical indicator that price will start to create a move the opposite side.

https://www.talkimg.com/images/2023/09/27/PPukv.jpeg

The chart above is the daily chart which shows that the recent 4h movement that you present is already erased and now a wick. I'm using daily chart for my trade and this sudden price fluctuation is what I expected since the price needs to hit all the EMA lines before it will go more downward movement which the current price chart suggest.

The market still remains unpredictable by now even if there's several hype coming over, but we can't deny the fact that shitcoins was still the hope of everyone to enter the market. Partly, that's my opinion because most people have been investing into volatile market which is now part of shitcoins which was their previous asset. However, if unexpected market rise will happen some of those assets will also be part of the progress once there's development in other crypto projects.

You don't have to predict the market because you must know you will fail with your predictions. By unavoidable endings for your predictions, when you know it, you can avoid making predictions. It's good for your investment as you don't believe in your predictions and make bad decisions.

Bitcoin market is volatile but if you can hold your coins, you can get rich. Get rich without any prediction and your task is simple, storing your bitcoin safely and holding it.

How to store it safely?
In non custodial wallets, multisig wallets, hardware wallets and they all must be open source.

Reminder: do not keep your money in online accounts (https://bitcointalk.org/index.php?topic=5421039.0)
Don't do this and think you are storing and holding your bitcoin safely.

Such movements will continue to occur and last until an unspecified and often unexpected time, it is not uncommon for some of us as traders to be very surprised by seeing it, especially if we experience losses due to the impact of these fluctuations, mentally and psychologically will definitely be disturbed and of course it greatly affects everyone when they want to start they will have difficulty making the right decision. I hope they will remain cautious and prepare some actions to minimize if it happens again, maybe there are some who take advantage of that moment when the bearish trend dominates as a result of selling bitcoin beyond the limit. and for those who haven't started at all will be quick to take that opportunity in the lowest support area.

Definitely on guard, this few months to halving will definitely be something of a market swing from red to green and back forth. The best thing is to just leave the funds off now till probably months after the halving, this way one could not get unrealistically disappointed with any price. Although the month of October is looking more like a tricky one I expect a little pump if no bad news is received and could even make it touch above $28000. But anything that test the support of $25000 then a price of $21000 to $22000 is expected. But as i said the unexpected will definitely happen before the halving

Definitely, I'm still holding cryptocurrency and avoiding market predictions despite the fact that I've faced the death cross of my asset. Patience was really my stand for several years hoping that there's an amazing outcome of my principles and mindset towards the unexpected. It's more like gambling with unexpected chances in life, no matter what would it be; most importantly you're consistent with the target you have in life. Because, giving up has no room for the big dream that's possible to happen.

I have experienced tons of unexpected price movements on which it did really fucked up my analysis and this is why im not really that already getting shocked with these kind of scenarios or situations
and this is why its always that relevant on setting out plan B's whenever your plan A's do been f*cked up with the market because know that its never been that predictable in the first place on which prices could shoot up or dump down without any valid reason behind whether technical or even on fundamentals on which it could really just moved out randomly without any basis.  Are you on guard? Whether you do like it or not then you should really be prepared for whatever things that might happen. This is why risks management would really be that so preferred or a must thing to have so that you wont really be making yourself that totally be wrecked up
when the market would really be making its move.

Or more unexpectedly — not the fact that we'd have a dip, but the fact that we immediately dropped back down lolololol.

https://i.ibb.co/FJGjgjQ/image.png

Not sure about you guys, but this looks like an absolute nightmare to trade. I'll stick with shorting shitcoins with low leverage.

Just hold on dear life. lol

I am hoping this spike is a signal that prices may go up next month and may continue til the yuletide season. We have been down this long already it's really crazy that I'm still holding on to some altcoins but it's too late to also sell.

The spike today I think was about Gensler getting roasted in Congress but the excitement also died when he still declined the spot EFT. I'm wondering if this man wasn't threatened or if was he already hiring a ton of noncrypto bodyguards.

What is going to happens before friday? Premium buy really?

I think whales have already started accumulating below the 20K zone. What we are seeing now is institutional buying like microstrategy. I am not sure about those assets, manager. They are buying too secretly, or will they wait till the final approval? I think they will finish accumulating before the final approval, and what we will see is FOMO in the market, and retail investors will jump to buy whatever they can.

Wow, nice catch of that screenshot as that's where it began to fall and a nice fall came after dollar index went on an insane rise near 107 (not a big deal to break now). Everything had been bearish but because there were some good moves shown by btc, we started thinking that it will break the resistance of $26800 easily and it rejected from there once again. Seems we still need to wait for some more time till btc prepares to break above this barrier and move forward.

For those people who hold bitcoins, this means nothing at all. This is a minor price change. People are waiting for a significant leap upward. And such changes have happened more than once over the past couple of years. Bitcoin may fall by 2-3 thousand. I don’t think anyone except scalpers cares much about this

The fact that the Bitcoin market suddenly went so high doesn't seem to me to be positive for Bitcoin. If the value of a coin increases suddenly, then the value of that coin suddenly drops down to the bottom. We need to rely on all of these candles to be phased upwards over time. We may soon see a big dumping like the big pumping in the market. But there is a lot of profit opportunity by trading during such instability of the market, suddenly when the market comes down a lot if trading can be accepted at that time then profit is definitely possible from there.

If you are just new into this market and seeing that sudden jump in price then you would really be molding up the impression that the market would really be making up that continous upward movement without even trying out to think that it might be some sort of bull trap on which it really is with that recent movement on which it is really just trying out to liquidate to those who do make out some short position specially on futures.
For those who are experienced or have been here on this market for years then these kind of movements is never been new. It could happen in a blink of an eye and if you had bought earlier then the best or wisest
thing to be done is to sell out for profits and rinse and repeat on which this is something a very common action which needs to be made.

We know that this market is unpredictable and price could really jump or dump in a matter of minutes and now we are seeing that the price is really moving again sideways after that
small green candle but i dont really see it to be a serious movement but for those who do able to make some long position then it isnt really that a bad thing for them.

The bitcoin chart has taken the opposite direction a few hours after you created this thread, which clearly shows how volatile this market is. Bitcoin traders need to be on guard because I don't think there will be much profit in bitcoin or crypto trading. Holding will be the main thing to do right now since the price is still down and affordable.

Many of us expected the bitcoin price to be above $30k by now, especially as we are about to enter the final quarter of the year 2023 and bitcoin halving is expected to happen in the year 2024, but the price of bitcoin has not made the upward move we were expecting, which has made the price unpredictable. We need to be very cautious with our investment. We should invest now before it becomes late since we don't know when the bitcoin price will shoot up.

Exactly. Bitcoin had never a fixed price so expect that any time of the day, it’s price will eventually go down lower or might even make another increase. And this is not really new for a volatile market like crypto. Holders should never put too much expectation on the market because we don’t hold what will be the price of bitcoin an hour after, a day after or even a year after. So even if bitcoin is expecting to pump this October, still it could always go the opposite way.

This kind of market movement is quite normal for the Bitcoin market.  We have seen this kind of chart several times when the bull trap happens.  The current price increase may have been influenced by the order given by the US Congress on SEC to approve Bitcoin spot ETF applications as stated in this article: https://cryptobriefing.com/sec-told-approve-bitcoin-spot-etf-immediately-congress/.

As this thing called bull trap always happens, I think I am already on guard for this kind of unexpected event.  And since I planned on selling when the real Bull run came, this kind of unexpected thing did not affect me much.

Any news can affect the movement of Bitcoin up or down, this is nothing new and this happens even when someone complains that Bitcoin volatility has decreased. It’s very difficult to please people, some people need volatility for trading, some want Bitcoin to become more stable, but the crypto market doesn’t work like that, there has always been high volatility here, and I think it’s unlikely that anything will change in the next few years.

Bitcoin is highly volatile that’s why its price fluctuations is not new anymore. One day it’s up, the next day it goes down, and I think we can’t never change that fact. So in short, expect the unexpected. Even if bitcoin halving is fast approaching, but that does not mean that every road will be smooth for bitcoin price. As long as there are certain factors that contribute to the market’s volatility, expect that bitcoin will never go straight pumping but it will eventually go sideways and return to its position when the market starts to recover.

This really looks like a fact because yesterday I also saw a decline in prices after the sudden increase in Bitcoin in the market. And I think traders who like to take profits in the short term really like that kind of thing because not long after they buy, they can immediately sell it for a profit and put capital back in for the next purchase. It's just that market waves like that sometimes also require patience in waiting for a surprise such as a sudden increase, because such increases usually don't occur in large numbers in the market.

For futures trading this is a really huge problem but for holders like us we really don't notice this because we tend to always go long-term meaning that is just a small pump or dump and our goal is about those ATH which means a huge uptrend cycle not only based on one candlestick on a daily timeframe. Though being prepared is the best in this kind of investment you should always be ready and cautious as anytime the market will get your money and you can't stop it.

I am not a trader myself. So, I don't know what traders do in such movements. Traders usually make money in both movements. But, if I am not wrong, almost every trader uses stop loss so they don't liquidate their balance. Significant movements happen where there are massive orders on exchanges, and sometimes, news also affects the market. Traders should always remain cautious because these moves happen very suddenly. If they do not set a stop loss for their position, then it's dangerous for them. I started accumulating Bitcoin since I started earning Bitcoin from the signature campaign I am participating. I sold a small portion of it, and the maximum earnings remain in my wallet.

As a long term holder myself, I wouldn’t really mind about something unexpected. I bought BTC when the price was around $30k to $31k in mid-May of last year.

Even when BTC crashed to as much a $17k I kept holding on and doing DCA with my extra money. The rest of my DCAs are at least a bit of profit when I have bought them during the dip between $19k to $23k range.

Wherever the market goes, my BTC is here to stay. I do not do day trading or scalping that much, so all good for anything unexpected.

The unexpected as word used in this conversation can promote FUD for some people who are new to keeping bitcoins. If you have been keeping bitcoins for a longer time, a sudden change in price will not be something unexpected or a happening to change your choice to keep holding on to the bitcoins that you have, and no matter how on guard you are, you cannot stop it from happening. You need to be on guard monitoring the market if you are a trader incase the market begins to move the opposite direction of what you predicted.

The extra money you have saves you from a drastic drop in Bitcoin.
You bought Bitcoin when the price was $30k-31k and that was a pretty high price in mid-May.

But at least you have made another gradual purchase or DCA strategy at a lower price, almost half of the first purchase at $17k and you did it gradually.

This will accumulate the Bitcoin that you have so that the average purchase will be slightly lower and you can get a profit even though it does not reach the price of $ 30k and above.

Bitcoin is still safe for the long term and you really need to have a plan.
We will still reach ATH in the coming years.

There are some traders who understand and have prepared some actions as steps to minimize losses when it happens or reoccurs, and there are also some of them let it go and of course they will feel the loss as a result, I think for those who let it go are most of the new beginners who have just come who do not really understand every condition that is there, and with that it is only natural that the lack of action to minimize losses by some things that are very likely to happen there.

For stop loss well that's right, every trader is very obliged to have it and in my opinion it has become a very necessary thing and cannot be separated from our best planning regarding limits. It is very clear that stop loss has a very important role because in addition to good self-control and strong mentality they also have to apply some actions to help prevent the things they experience from being too significant, for example, like this stop loss. If they do not apply this important point at all to each trade then it will be very likely that they will experience large losses and even experience MC, as well as stop loss in fact take profit is also needed because there is absolutely no greed in trading, and take profit will help them to place some daily or monthly targets. Both are very important.

The crypto market itself is unexpected. So yeah, we all should be on guard for any unexpected turn. Also, remember that what goes up also comes down. I am not saying that there would be a huge dump after this spike because I am not sure what is to come, but we all should be prepared. Bitcoin is a long-term investment asset, so those who are in hodling, won't think much of it. Ignore the little things and focus on the bigger picture.

If you think about it, imagine BTC reaching 50k. Will these small spikes make any difference? If you are a short-term trader then that's something you should worry about. But keeping in mind that BTC is a long-term asset, focus on hodling. History repeats itself. Halving is near. Is it still too late to invest in BTC and hodl? Of course not.

Focus on what you can gain in the long run. Then these small movements will mean nothing. Dump again? Well, that will be another opportunity to fill our bags.

{Not your financial advisor. DYOR}

I consider myself as a long term holder. It doesn't really matter what the price of Bitcoin currently is or is not. Price increase and price drop doesn't matter to me. Sometimes I try my hands on trading for a short period of time, that is the only time I get a bit concerned about Bitcoins price. Aside that, I my weekly DCA on point.

In the current bearish market, I always expect the unexpected to happen to my bitcoin and altcoin investments. I don't in any way put my hopes above my expectations that I start losing myself in light of the current bearish that is eating dip into the crypto market and that is preventing bitcoin and altcoins from skyrocketing in price. Because of that,
I don't think I have high hopes for the price of bitcoin this year; instead, I'll be paying close attention to the price of bitcoin by next year(months after the halving season).

I am assuming that, in the few months left before the year ends, the price of bitcoin will be between $30k and $35k.

I understand we all have different expectations when it comes to bitcoin. But the fact that we know ever since that bitcoin will never guarantee a fixed or rising price because of how volatile it is, then we should learn to set limits on our expectations. However, bitcoin is highly profitable and anyone can prove that, but the problem is we don't know exactly as to when it will come to pump or might be dumping when we least expect it. That's how uncertain bitcoin is to the fact that it will make you highly profitable and at some point, it will also make you an instant loser more than you can imagine.

Yeah right, limitations help us to not imagine what isn't possible and also stop us from overthinking. However, concerned are those who are stuck in futures positions with either high or small leveraged position as it may turn up into a loss the moment btc turns negative. But traders who have invested in btc for long term don't take too much load on their mind even if btc breaks down 20% or even 30% in a day. We need a lot of patience in this and we can make decent money from crypto.

For me, I never expect too much from bitcoin. Although it can be a source of massive profits for those who know how to actually engage in it, and practice with caution, but we should still learn to set limits and to never expect those unexpected. Bitcoin has certainly its bullish and bearish season, and if we know the current position of bitcoin, at least we should know when to expect it becomes highly profitable and when not to.

If you are trading at these current price levels. You must always be on guard because volatility is high, expect a  lot of candlestick wicks, green or red.
Also, be careful of setting your stop losses because it could be just hunted. Just don't forget to use stop losses, it is really important to be on guard and it will help you to protect your funds.

Don't you, as a trader, always have to be alert to all unexpected possibilities?
In all circumstances, traders must be aware of unexpected circumstances occurring so that they will not be surprised by these events.
Being bullish does not mean it will always be bullish and traders will make a profit as well as when they are bearish because almost no one can know exactly when the bullish period ends and begins to enter the bearish period and vice versa. Rising prices need to be alert when a decline occurs.

for those holding Bitcoin for the long term, such a situation will not affect holders. This is a daily movement which will of course affect daily traders, usually they use some planning in their trading. because the analysis carried out may not be in accordance with the trader's position. it can make a loss but that's the risk. The market can take a surprise at any time, and every trader must be well prepared.

In the past I often lost because of market momentum like that. So right now I'm more comfortable with holding Bitcoin than day trading. maybe I'm not very talented in trading.

Sometimes, whale traders wait until they bounce back. But that is too risky. A person needs a lot of bankroll/balance to cover such dips. If they can survive the worst time, they know it's not a loss until they close the position. Unrealized losses are not the loss if they do not close the position. But, sometimes, ordinary traders wait without setting a stop loss and get busted.

Sometimes, these risks pay off as well. But as I said, these are for whale traders. Ordinary traders should not take such risks, which may liquidate their entire balance.

As an individual trader, you should expect things that you don't really expect; that's why the market is unpredictable. If I look at the image posted by OP, we can see that the candlestick formed the letter "W." It should have been there before it had a spike in price. You immediately had the idea that it would go up or down in the formation that it could go to.

Now, regarding your question about the month of October, I think that this will be the month that will have positive things happen in the market. In my opinion, this September is really just stagnant, based on most of what happened in its price movement on the chart, if you notice. But of course, this is my opinion so far.

Yes, I agree with you, of course for bitcoin holders with a long term or for those who always use fundamental planning or strategy, something like this will not fully affect, because of course bitcoin will recover in the next few years for example. And true, this fully applies to those day traders who always do short-term technical analysis, and of course it will be very influential, the market is very volatile and there will always be surprises. So yes, they must be really careful and prepare whatever it is to minimize losses so as not to be too big.

Every trader has their own way of investing, they will tend to every plan that can make them comfortable, in these two cases I think holding bitcoin with a long term is safer but also with good planning, rather than day traders who really have to prepare a strong mentality.

As a normal human being, I always caught off guard with any unexpected news because of my real life stuff or just it's not something that I'd expect with how things usually ends.
Not everyone can expect something unpredictable, even if you do prepare for those. That unexpected event would come at the wrong time and not everyone can predict what would happen even the professional one.

That's pretty much for other type of traders, long-term would probably remain unaffected by this case unless they overthink the stuff where you shouldn't really do that.

Someone made a comment that this op post can cause FUD among bitcoin holders and I wondered how after reading that statement but couldn't uncover it not until now  reading your comment @sulendra12  where you mentioned overthinking by some long-term holders and I nodded my head in agreement.

But it's unnecessary that a long term holder should have a FUD about bitcoin except they haven't yet gotten a strong knowledge of the cryptocurrency they are holding for it's not some altcoins. And more interestingly in the op the focus was on day traders and scalpers to be on guard,

as about the time the op was made bitcoin price was at $26,800 and by evening same day price fell to $26,111 any day  trader or scalpers that didn't see this coming will likely make a loss within this short price move but for long-term holders.

There are more scalpers and short-term traders in the market than holders in my opinion, so this was most probably a great opportunity for a bigger part of the whole market and a lot of them must have missed it since it was sudden, or maybe those who are good with charts and technical analysis might have had an idea that this will happen and I wonder how much profit futures traders must have earned from this if they were longing Bitcoin just before it.

It will be interesting to see some stats and figures about how much profit traders got and how much money was liquidated just because of this. I'm pretty sure that a lot of traders must have been expecting the market to go down but it must have surprised them by this sudden drop in the price.

There's nothing coming as unexpected to us when the market is planning to surge, this has always been the normal expectations of every average bitcoiner or traders to see the market rising, there are ways that we could go by in making ourselves at the best positionings for this, when we make an investment and hold with the target that bitcoin market will rise and things will change for good, what causes commotion is when the market dumps and investors have a prolonged dip in such situations, this coming month may be the opening for more high than low in the cryptocurrency market because when bitcoin rises, other currencies also follows.

I can say that I am well prepared for any situation. Whether there's a sudden long dip or there could be a longer pump. That's fine, we've been tested on this market and it's harder to push our desires against the market. That's the reason we don't need to be pushy but to be adaptable to any market situation that we are in. The plan is to seek for the long term run of Bitcoin and that's what we're going to do. If you are not up for it then you'll be one of those people who are going to sell at panic and you're going to regret that in the future. We all have been through that situation and we didn't like that decision when we've seen the price of bitcoin goes up for the next few months and years to come.

If your mindset works like that, then you will always fall into frustration of not making your expectations meet. For me, if you know how bitcoin secretly moves, and as long as it remains to be volatile, then assume that everything is possible to happen in just a blink of an eye. Do not be too carried away of its present price because it can be deceiving at some point, but consider how the market moves and how it can be easily affected by different factors which make it easily to shift its price any time.

Kind of these type DCA is important but not right now, we have already reached the bottom, at this point I assume that it will not go under 25k and that should be the important thing. I believe that we are going to be something that would be careful and should be very big deal. I get that it is going to be something that would be good enough that it is going to be a bit of a deal when you need to handle, but that could definitely be something that we could care about on the long term.

I guess we could just accumulate right now and get it with all our money now, because DCA would not happen, we are not going to see it go lower, so getting it all at under 30k would be a smart move. That is definitely suspect to change though, I could be wrong, it could go down more.

This is called over confidence and whales waiting for this stage to  down the market further and start buying from the stage when no one have left fund for buying. DCA is best option, buying all at once is not good idea. months ago when btc was trading above 30k some trader was saying same that btc already down and no further dip will be happened and now you can see how btc again down to  to 25k.

The chances of rising btc above 35k is very high but i think we may see one or two dips before bull market and btc could drop below 20k so if we do DCA then our average btc buying price will be more better

I have been caught many times in past by the unexpected. Especially during my times of futures trading back in university I was on the wrong end of price jumps a few times. Since then I kind of got used to unexpected movements, we can't predict everything and there will always be a unknown variable. Speed is definitely one important factor that can help us to avoid large losses. It's better to take a known small loss than face a large unknown loss. That's why stop loss orders are so important to help protect us from sudden price drops. All of us that have a full time job and can't observe the market 24/7 are at risk to be surprised and need to prepare beforehand. If prices are rallying it's a different picture, do we want to follow the herd when prices are already up 20%? I would rather stick to my DCA method and buy a fixed amount each month.

It is normal to see such trends in the market towards the end of the year.  Although this is not the first time the market has behaved like this, I don't think the holders will think about it at all. We have noticed some hype coming at the end of the year, it is normal for Bitcoin to have such hype. There is no need to wait for a while and get excited by seeing a green candle, It is not possible to see a bullish market until the coming year 2024. During trading only those who are more volatile about the price face losses, so be patient as patience can help you avoid big losses.