Are you on guard for any unexpected?

[Lida93]

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/


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?

[Oshosondy]

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?

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.

[hugeblack]

Are you on guard for any unexpected?

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.

[hd49728]

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.

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.

[Learn Bitcoin]

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.

[Hamza2424]

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).

[Lida93]

Are you on guard for any unexpected?

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.

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.

[jeraldskie11]

Are you on guard for any unexpected?

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.

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.

[Eternad]

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?

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.



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.

[AliMan]

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.

[tbct_mt2]

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
Don't do this and think you are storing and holding your bitcoin safely.

[Dickiy]

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.

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.

[EL MOHA]

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?

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

[AliMan]

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.
~snip~

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
Don't do this and think you are storing and holding your bitcoin safely.

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.

[milewilda]

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.
--

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?

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.

[mk4]

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?

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



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

[bittraffic]

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.
~snip~

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
Don't do this and think you are storing and holding your bitcoin safely.

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.

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.

[DVlog]

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).

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.

[2double0]

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.

[shivansps]

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