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