Volatility warning

[fiulpro]

Let me just start by saying :
No One can actually predict what's going to happen to the market , literally no one !

According to the analysts Bitcoins is going to show volatility in the upcoming weeks.

They are placing the bets on two situations:
1. Bitcoins is going to crash on around 7k
2. Bitcoins is going to surpass 10k

According the the price graph of Bitcoins the bearish trend is supposedly something they think might happen, due to Triple Top Formation .

https://cointelegraph.com/news/bitcoin-price-near-monster-move-after-weeks-of-range-trading-analyst

I would like to extend this opportunity to remind you guys to be careful regarding your investments . During the Pandemic due to very low Income and No jobs , one needs to measure their investments well .

HODL if you can , but if you can't then keep checking the price of the market every now and then .

[milewilda]

I would like to extend this opportunity to remind you guys to be careful regarding your investments . During the Pandemic due to very low Income and No jobs , one needs to measure their investments well .

HODL if you can , but if you can't then keep checking the price of the market every now and then .

When it comes to investment matters then always make use of the amount that shouldnt really be intended for your daily living needs specially if you are dealing with a very
unpredictable market.Btc price is moving sideways for weeks now and this is actually the hardest part on where we cant really able to predict on what the next move.
There were no news but rather fully relying on TA as of this moment. We can really indeed either break resistance or break supports, this is why this is a little bit
like gamble imho.

[pixie85]

Bitcoin will go up above 10 thousand or crash to 6000 

Again the analysis comes down to it will go up or it will go down these analysts have no shame!

They are pointing to triple top but they're including November 2019. Was that inverted bart simpson really an indication of anything but manipulation?

[20kevin20]

It has to be expected now that it's been a few months since the halving. Well, if it declines I guess it'll decline significantly as a lot of people already are under financial trouble and don't want more than they already have so most would probably rather sell and help the downtrend..

Whatever is going to happen, I already know there will be a day when I'll wake up with goosebumps looking at the charts, be it a sharp decline or the opposite. The risk is constant & continuous in the market and volatility is one of the most exciting features of Bitcoin, at least for traders that is. That, combined with everything we have to go through right now, is a quite interesting formula for the future.

[Kelvinid]

In guaranteed nothing and people shouldn't be confident about the market to keep the trend like this. The ups and lows are most likely we are able to see.
Truly we can't depend on what halving gives an impact to the market as it all be matters on the people surround us. And you OP is right, it all be in uncertain and nobody knows for tomorrow but the community is expecting a positive and market uplift than for deep lows.
We can't change this volatility and so we have to live it.

[STT]

Always take profits but to sell all is quite foolish also going on past action Ive seen up and down.   The monetary policy by the largest governments of the world has never been so lax and dangerous as it is now, not for generations since a century ago which led into a war from the upset it caused.  Its not melodramatic to say we are at a turning point formed over generations from your grandparents forward, ontop of that crypto is always going to have high volatility but outside pressure is adding to it also I think

[Oasisman]

Triple Top Formation .

Another chart pattern to predict the market.
These patterns they're showing in every TA's doesn't really matter specially when traders doesn't follow their predictions. There are actually a lot of technical analysis, and traders doesn't only follow a single one of them.
I guess it would be smart to invest when you're looking for a relevant events/news that causes Bitcoin to pump of dip. Then, look for a reliable TA to further guide you on the next possible price movements.

[arwin100]

Triple Top Formation .

Another chart pattern to predict the market.
These patterns they're showing in every TA's doesn't really matter specially when traders doesn't follow their predictions. There are actually a lot of technical analysis, and traders doesn't only follow a single one of them.
I guess it would be smart to invest when you're looking for a relevant events/news that causes Bitcoin to pump of dip. Then, look for a reliable TA to further guide you on the next possible price movements.

For people who's holding to much and believing for certain hypes to came due to halving maybe they should take some consideration this TA's popping up since sometimes this thing is reliable but for proper security of funds especially there's a crisis happening maybe best for now to trade and secure our profits for a while so that we will not trapped for unwanted movements coming.

But I don't mean to believe those TA but make it as a guide for your next move on your trades.

[pooya87]

i don't see any kind of meaningful formation to indicate the next bitcoin price movement at all. in other words the current charts are only showing that price can move in either direction. however for some reason we keep seeing different people coming up with "predictions" about price drop by interpreting the current charts the way they want to justify their guess which is starting to seem very suspicious to me.

[Wexnident]

The bunch of TA's we found are just mostly people forcing their ideas into the chart to others. Yes, there isn't really anything wrong with what they're saying, but they aren't also right. It's called a prediction for a reason after all tbh. It's like trying to predict something is basically the same as not trying to predict anything, it's basically a waste of time. To prepare for every scenario is to become ready after all. Adding on, predictions come from countless information obtained that at least have the chances to actually affect the market. Bitcoin is a digital asset, making it hard to actually make predictions regarding it so really, I don't think they should even try.

[btc_angela]

I guess its just how the market moves, regardless of the pandemic or not, to either go up push the price above $10k or simply crash to $7k-$8k. And regarding if we are going to Hold or not? its up to us, we shouldn't be bother by the news around specially doom sayers. It's already been like 3 months after the initial scare of the virus, but now, people seems to be going back to the new normal. Maybe majority lost their jobs, but I'm optimistic that there are other means to survived in this crisis. And crypto investors won't be affected dramatically or at least some have adjustment in terms of investing.

[Dollar_Hunter]

if you are ready to trade in cryptocurrencies, you certainly don't need to worry because of high volatility,
because in cryptocurrencies the ups and downs are very high in the market

[maydna]

Bitcoin price volatility will always be there. If you can hold, then hold it for the time you can. But if you cannot hold, then sell it once you can make a profit, and you can also cut loss it when the price is going to go down so that you can buy back bitcoin again at a low price. But if you think that you can buy and sell bitcoin from the volatility, then you can do that because that can help you to make a profit.

But if you use bitcoin as the investment, then you should not worry about the volatility because you don't want to sell your bitcoin if your target time or price is not reached. Many people said they hold their bitcoin for some time, 1 year for example, but the fact is when their journey is on the 6 months, suddenly the bitcoin price crash and go down, they become panic, and cut loss their bitcoin because they think that they will lose their initial money.

However, you can do anything you want with your bitcoin because that will be your responsibility, and there are no other people who can force you about what you need to do with your bitcoin.

[FanEagle]

Seems a reasonable warning after seeing today's fall of bitcoin market. I'm expecting market to bounce back after testing $8900 levels but not sure how strong will be the bears in coming days which may take up to $7000 levels as well. Like you have mentioned  it is time for all the bitcoin investors to measure their level of risks and capability of continuing holding. Usually I do not react based on market fluctuations but this is pandemic times and we may need money due to unexpected reasons which makes me to think about altering my portfolio.

After halving, I'm very much confident about sustaining of bitcoin market above $10k even the past history after each of halving was not saying that. Some people have explained why bitcoin was near $10k even in this pandemic situation like only halving was the trigger. But, I am seeing gold is performing well then why not bitcoin.

[Reid]

I think that "no one" should be in bold and size should be large. 

I have seen so many new users here which forgets that warning.
No one can and no one will tell it accurately.
It is all speculation and prediction.
They get lucky a few times but it was never said it will keep on happening.

Also, do not forget that monsters lurk in the shadows.
They are just there waiting for an opportunity.
The weak will be taken and manipulated to buy coins without thinking about it.
It's all for their own profit.

[7788bitcoin]

According to the analysts Bitcoins is going to show volatility in the upcoming weeks.

They are placing the bets on two situations:
1. Bitcoins is going to crash on around 7k
2. Bitcoins is going to surpass 10k

These are the only two situation we can imagine, the price moving high or low but i do not think that the price would go below $8k as the support we have right now is pretty decent as it is holding up for months and i am pretty sure there are big financial institutions investing heavily in bitcoin whenever the price goes down and so is the reason we are holding the support above $9k.

HODL if you can , but if you can't then keep checking the price of the market every now and then .

Holding is the smart move and if you have the bank balance invest whenever the price goes down.

[Stedsm]

I don't see $7k so easy-peasy for BTC and the resistance has been holding it very tight and even the support levels are too strong that BTC just bounces back from areas like $8560, $8900, $9200. If a fall takes place to your desired level, then I believe we'll be in sideways for months till we see another spike in the value as the buying volume is looking somewhat exhausted and we need to wait and watch. It'd be good if you stay in USDT for some time and wait for a major volatile move before getting in on the right time.

[buwaytress]

Crash AT $7k? Or crash TO $7k? Because the latter isn't a crash at all, not beyond the "normalities" in crypto contexts anyway!

But certainly, if prices slip continuously to 7k, then 5k won't look impossible, and then panic and gravity should easily see us revisit and test the year's bottom so far.

Doesn't change the long-term view, merely delays it. I'm utterly curious about what an economic crisis would do to Bitcoin. Was born in one, hasn't lived through one yet.

[Gozie51]

if you are ready to trade in cryptocurrencies, you certainly don't need to worry because of high volatility,
because in cryptocurrencies the ups and downs are very high in the market

No you should because that is how you can make the profit. If you don't check or concern yourself about how the volatility will go, then you can take a wrong decision and get hooked up for long or eventually lose your investment. Volatility is important to consider at all times in trade.

[Saisher]

Let me just start by saying :
No One can actually predict what's going to happen to the market , literally no one !

According to the analysts Bitcoins is going to show volatility in the upcoming weeks.

I would like to extend this opportunity to remind you guys to be careful regarding your investments . During the Pandemic due to very low Income and No jobs , one needs to measure their investments well .

HODL if you can , but if you can't then keep checking the price of the market every now and then .

We can predict based on the situation but you cannot predict at all times, just when you thought it's ok to sell because you are on profit, you will be surprised that there's a big turn around of the price and you are caught off guard and it can happen any hour, that's why so many of us are glued in the price in the market

[wozzek23]

They are placing the bets on two situations:
1. Bitcoins is going to crash on around 7k
2. Bitcoins is going to surpass 10k

After today's market that we are going to see the second one most probably. I am basically always a bull with respect to bitcoin markets and with recent halving, I do strongly believe there could be no more chances for bitcoin to test $7k levels. Today we are again having bitcoin markets trading above $9500 levels which must the enough signal for market to break the resistance levels around $10,500 levels.

Due to pandemic reasons, we cannot expect what is going to happen incoming weeks still I do see there are enough buying pressure to keep market bullish or to bounce back even after a sharp down fall. So, getting ready to ride along the bulls could help traders to avoid unexpected disappointments.

[maxreish]

HODL if you can , but if you can't then keep checking the price of the market every now and then .

I appreciate your reminder, OP. This is certainly what I am doing. HOLDING. And I have been holding for quite some time now. Bitcoin touched $10k last few weeks but I'd rather hold. Whatever they may predict it, holding is a good option. Market is surely hard to predict.
After all, I am not in a rush to sell my bitcoin.

[culuuton]

if you are ready to trade in cryptocurrencies, you certainly don't need to worry because of high volatility,
because in cryptocurrencies the ups and downs are very high in the market

No you should because that is how you can make the profit. If you don't check or concern yourself about how the volatility will go, then you can take a wrong decision and get hooked up for long or eventually lose your investment. Volatility is important to consider at all times in trade.

Volatility happens every day but it needs special attention, no one isn't worried when the market falls into a disaster. Your decision will affect your success, just miss it, we have to wait very long.

[lienfaye]

All these price predictions are not guaranteed to happen in the coming days thats why if you're prepared for whatever the outcome of holding your bitcoin then that would be great since you dont have to worry about the future price. Anything can happen, the price can crash or increase no one can certainly predict, thats why its better to only invest the money you can afford to lose.

[South Park]

Bitcoin will go up above 10 thousand or crash to 6000 

Again the analysis comes down to it will go up or it will go down these analysts have no shame!

They are pointing to triple top but they're including November 2019. Was that inverted bart simpson really an indication of anything but manipulation?

I know what you are saying it is as if you were flipping a coin and when you gave the option to a person to try to guess what will it be instead of picking head or tails they pick both, predicting that great volatility is ahead is not really a prediction at all, bitcoin is volatile by nature and anyone that can take a look at the charts can know that without needing any kind of experience, the article gave no definitive answer about the direction bitcoin could take which is what any rational trader would like to know but that is to be expected as those so called analysts do not really know what will happen.

[shoreno]

All these price predictions are not guaranteed to happen in the coming days thats why if you're prepared for whatever the outcome of holding your bitcoin then that would be great since you dont have to worry about the future price. Anything can happen, the price can crash or increase no one can certainly predict, thats why its better to only invest the money you can afford to lose.

they are guaranteed to happen because the prediction here are both up and down  . worrying is bad as they said so why worry right ?

also before we enter on here we agree for whatever results we  end up    .  small bucks are verry important right now   , so even if we say we can afford to loose it we shall think twice if we  put it on btc or save it instead and buy important things that are more useful in the current condition we are feeling right now  .

[Gozie51]

All these price predictions are not guaranteed to happen in the coming days thats why if you're prepared for whatever the outcome of holding your bitcoin then that would be great since you dont have to worry about the future price. Anything can happen, the price can crash or increase no one can certainly predict, thats why its better to only invest the money you can afford to lose.

Good advise to every trader including older traders. Because some traders still believe they will always be lucky to jump out of trade before they get caught there. This is not always to be. The reason for reasonable risk., a risk you can bear.

[Twinkledoe]

All these price predictions are not guaranteed to happen in the coming days thats why if you're prepared for whatever the outcome of holding your bitcoin then that would be great since you dont have to worry about the future price. Anything can happen, the price can crash or increase no one can certainly predict, thats why its better to only invest the money you can afford to lose.

That's why it is called predictions. So if you are a holder, you should be prepared either way. Because volatility is the nature of bitcoin and will be for long. If the price goes below from when you bought it, don't panic and sell, just wait for the time that it will go up because it will. If you buy it, it means you believe in it. So wait for the right timing to sell what you have. Just don't forget the rule of trading, buy low sell high.

[KTChampions]

Let me just start by saying :
No One can actually predict what's going to happen to the market , literally no one !

According to the analysts Bitcoins is going to show volatility in the upcoming weeks.

They are placing the bets on two situations:
1. Bitcoins is going to crash on around 7k
2. Bitcoins is going to surpass 10k
~

If we assume the equal probability of these events and the fact that the second point implies an increase of no higher than 11k (otherwise it would be said directly), then it is mathematically advantageous to bet on the fall (point 1).
However, I understand that the warning to this forecast is true  therefore I only express my mathematical observation, no more.

[Janation]

All these price predictions are not guaranteed to happen in the coming days thats why if you're prepared for whatever the outcome of holding your bitcoin then that would be great since you dont have to worry about the future price. Anything can happen, the price can crash or increase no one can certainly predict, thats why its better to only invest the money you can afford to lose.

That is why I always say this to others that are interested to it.

If they wanted to invest in cryptocurrencies, they will be taking a risk. And I know, they are taking a risk and they can afford it. If it is something that people can earn easily, that is so good to be true and usually, that kinds of so-good-to-be-true projects are just a scam. I would risk my money in Bitcoin rather than those projects.

[ethereumhunter]

If we can accept what will happen to bitcoin, we don't have to feel anything, and we will enjoy the ride. We can decide when to trade, and we will know when we need to leave the market. The bitcoin price will always be volatile, and as long as we can use that for our benefit, I think we don't have to worry if somehow, bitcoin price is down to the low price. And we will be happy if the bitcoin price can increase so high because that means we can sell bitcoin at that high price.

[el kaka22]

Everyone thinks they are an amazing trader until they lose, and even after they lose they keep blaming unexpected market moves and not themselves. Well, that is what it's about, those unexpected market movements are the reason why people have been saying nobody could make a profit on trading based on predictions.

You should do research and you should work as hard as you can to figure out if anything is going on in the news about anything and if you are well researched and know at the right moment that means you might actually make a profit. Without any of that, just making assumptions and predictions means you are not going to make any profit at all. If you think you will do that and you have a "gut feeling" that tells you to do something, you are going to lose a lot of money.

[akram143]

Literally no one can predict the price movement but it is going to be more or less volatile but the volatility is always present with bitcoin price trend so one who keep checking the prices every minutes will be forced to sell at some point which we call as panic selling so they have to make a goal to reach until that they need to keep holding.

[wxxyrqa]

It has always been and will be very difficult to predict further developments in the cryptocurrency market. if we consider the situation from the point of view of the ideal forecasting process, then thanks to technical analysis, it is possible to predict short-term prospects for the growth of cryptocurrency prices, and with the help of fundamental analysis, forecasts can be made for a longer period. It’s just in my opinion that even the most experienced specialists can’t exceed the 70% accuracy of forecasts, and there’s practically no reason to hope for a higher percentage. Therefore, you should always be wary of any forecasts from all sources and authors, because such information is almost always used for manipulation and for speculation in the cryptocurrency market.

[arwin100]

Literally no one can predict the price movement but it is going to be more or less volatile but the volatility is always present with bitcoin price trend so one who keep checking the prices every minutes will be forced to sell at some point which we call as panic selling so they have to make a goal to reach until that they need to keep holding.

Apparently yes but their are guides where we can base our guess regarding on what will be the upcoming result of the next movement of bitcoins although this is not accurate but  its so helpful for  traders  and we can see almost all are watching it and reading some charts. And it's normal for people to always check on  prices since I myself always check on what is the currently state of the bitcoins price so that I will be updated  on daily  movement, and it's  up for the  people if they will get panic if they see some unwanted changes to the price.

[carlfebz2]

Literally no one can predict the price movement but it is going to be more or less volatile but the volatility is always present with bitcoin price trend so one who keep checking the prices every minutes will be forced to sell at some point which we call as panic selling so they have to make a goal to reach until that they need to keep holding.

Apparently yes but their are guides where we can base our guess regarding on what will be the upcoming result of the next movement of bitcoins although this is not accurate but  its so helpful for  traders  and we can see almost all are watching it and reading some charts. And it's normal for people to always check on  prices since I myself always check on what is the currently state of the bitcoins price so that I will be updated  on daily  movement, and it's  up for the  people if they will get panic if they see some unwanted changes to the price.

Diving into this market without any preparation or doesnt have the idea on what you gonna do will surely result into a complete mess up.

Technicals arent really that precise but it is much more better rather than have nothing at all.Volatility and unpredictability is our main challenge on this kind of market

this is why there are several analysis that can really be used up and as you said where it might not be accurate but at least we do have some basis on what we are doing

rather than making steps blindly which would really be just similar when you do gamble.

[Ridwan Fauzi]

I have more time to see the movement price of bitcoin due to this pandemic, yeah I have been laid off since last month and hopefully this situation is end as soon as possible. And now I become a day trader, every days I make an analyst and got some profit and also some loses, yeah it is hard to avoid. Seem like I am ready to face a high volatility in bitcoin price comparing with the current market situation that has been consilidating in a few days, it makes me bored.

[dimonstration]

Literally no one can predict the price movement but it is going to be more or less volatile but the volatility is always present with bitcoin price trend so one who keep checking the prices every minutes will be forced to sell at some point which we call as panic selling so they have to make a goal to reach until that they need to keep holding.

Holding can only be applicable now in Bitcoin, not in any altcoins. Even bitcoin is volatile too but it already reach the chances that it can recover anytime soon unlike in other altcoins that once it dump it gets too hard to recover or permanently in dump or worst begun to be delisted. We should know how volatile crypto is and we must understand that once we enter in crypto we need to make sure that we were able to monitor it knowing it may arise and fall without definite reason.

[sana54210]

No one can predict the future of the prices and this has been said a million times but some people still believe that it could be somehow predicted and they still believe either themselves or someone else to predict it correctly and keep saying "why is it impossible to predict" and do not understand the idea.

Well, there has been explanations by the dozens if they ever want to read so I am not going to bother why it can't be but I just want to point out that if bitcoin moves there is two options which is either up or down, so if someone says up there is a 50% chance that they are right. This doesn't mean they are right all the time or they got it right because they know what they are doing but only because 50% is a huge chance to get it right, and that is why I believe some people get few in a row right by luck and everyone thinks they know what they are doing and follow them.

[7788bitcoin]

This doesn't mean they are right all the time or they got it right because they know what they are doing but only because 50% is a huge chance to get it right, and that is why I believe some people get few in a row right by luck and everyone thinks they know what they are doing and follow them.

The definition of prediction summarize what it is all about, in the cryptocurrency space we do not have a huge data to collect enough data to analyze and hence you cannot expect the prediction to be accurate. The prediction is basically like tossing a coin and hence the probability can be summarized at 50%.
Right now the market is holding strong above $9K and hopefully we will break the resistance in the next couple of months.

[Barbut]

This doesn't mean they are right all the time or they got it right because they know what they are doing but only because 50% is a huge chance to get it right, and that is why I believe some people get few in a row right by luck and everyone thinks they know what they are doing and follow them.

The definition of prediction summarize what it is all about, in the cryptocurrency space we do not have a huge data to collect enough data to analyze and hence you cannot expect the prediction to be accurate. The prediction is basically like tossing a coin and hence the probability can be summarized at 50%.
Right now the market is holding strong above $9K and hopefully we will break the resistance in the next couple of months.

Trying to predict the next movement is trading, and many compare trading with gambling. When you have 50% chances it's like gambling. Volatility warning is for new people in cryptocurrencies, who is here for longer is aware of the crypto volatility and what can happen with the prices in just days. Bitcoin will break 10 resistance, but that doesn't mean we will stay there, volatility is here to stay and we will see a lot of it before we pass
10k and stay there for good!

[South Park]

Everyone thinks they are an amazing trader until they lose, and even after they lose they keep blaming unexpected market moves and not themselves. Well, that is what it's about, those unexpected market movements are the reason why people have been saying nobody could make a profit on trading based on predictions.

You should do research and you should work as hard as you can to figure out if anything is going on in the news about anything and if you are well researched and know at the right moment that means you might actually make a profit. Without any of that, just making assumptions and predictions means you are not going to make any profit at all. If you think you will do that and you have a "gut feeling" that tells you to do something, you are going to lose a lot of money.

This is so true, to this day even some famous traders still blame the markets for their losses instead of accepting the sad reality, they did not knew what they were doing and if anything they were just lucky to get that far, but tell that to a person that thought for years he was good at something only to be told otherwise by the market, this is why it is very important to always backtest your strategy and if it is a good one to follow it no matter what or you could find yourself in a similar position in the future.