BITCOIN MOVEMENT PATTERN?

[Mr.right85]

If these patterns are stated in OP where known to affect the price of Bitcoin significantly, then Bitcoin wouldn’t have been so had to predict or speculate on its price and direction.
This in general is regarded as sentimental analysis, news which could play out in a couple of ways and that’s forex. Besides, it’s not always negative but like I said, it’s forex.

Bitcoin always somehow caves it’s part, not based on a particular element but, mainly on how traders do perceive the market at a point and amongst several activities from the whales and petty traders in the market. So many activists does play out and mostly due to FOMO, you would not a shift.

[Value.Virtue]

Due to high volatility of Bitcoin and lots of factor affecting its price movement, it is quite hard to discern the next movement of the Bitcoin market in a short term period.  But looking at the price history chart in a zoom out mode, it is visible that Bitcoin has established a 4-year cycle period where the market movement of Bitcoin shows a cyclic pattern of entering bull market and bear market in each 4 years.

None should buy bitcoin if they don't have the financial freedom to keep the investment for long time,

This can be fixed by regularly buying a small amount of Bitcoin.  Even people that don't have financial freedom tend to save part of their earnings and buying BTC in a small amount can be an alternative to savings.

and also none should buy bitcoin when the price is already high

,
I agree with you, instead of buying Bitcoin during its Bull run especially when it is nearing its peak, it is wise to buy BTC when the BTC market enters the bear market especially when it is nearing its bottom.

Buy the low and sell the highs, this formula never Fail, this is why you shouldn't use only excess cash flow to open your buy position in bitcoin, other factors that effects the market and emotions of investors are bad news and fuds, this causes alot of crisis in the market and if you did not invest the money you can keep away for long some will become panic to sell off which is also a bad attributes and. Form of investment.

Buy low and sell high isn't that easy.  One must have enough knowledge to pull the stunt since market timing on when to sell and when to buy is the most important factor in trading.  We cannot execute the buy low sell high properly if do not know the market pattern of BTC.

Thank you very much for your contribution, if we buy low and perhaps little by little as suggested and agreed as one of the best pattern of BTC purchasing, If we sell high and hold the funds on stable coins or Fiat to buy back when the market is low, what we be the benefit of selling it if the funds are not going to be used for anything as it was a spare money and whereby there might also be up shoot in the price of BTC to buying it back again?

[Peanutswar]

Im not a professinal trader but from the previous price of the bitcoin to 70k the market cant hold this price reason why there's a re-test and the price of the bitcoin dumps for a meantime like we've seen earlier the price goes back again with the 58k, but traders and holders grab this opportunity to accumulate as they can and now we are sitting again with the 68k now the next thing is the bitcoin can be reach again with the 70k and hold for the next resistance because if not we are going to have another sideways price movement in the market. Ideally OP learn some technical analysis and with the help of indicators so you can watch the market at your own too.

[Value.Virtue]

  "Bitcoin Movement pattern"
Can we say or liked Bitcoin major pattern of movement to be mainly bit by bit, either in rising or falling before gathering momentum for a bullish run or bearish down turn when there arises an oppositional speech or attack from the government, regulatory bodies or otherwise?

Like. I mean the ups and downs of the Bitcoin price chart that occur at all times we really enjoy. Even so, in my heart there is an annoying sentence when seeing a red chart. In fact, it is normal because in the ups and downs of the Bitcoin price chart, market players can take advantage of it with certain intentions and goals that are part of the strategy.

The negative and positive effects of each event will have an impact on increasing and decreasing prices. Again, we welcome it with the thought that this is normal.

You are very right Sir, many people who wants to invest are only waiting for the BTC price to drop which according to your statement strengthens the market in it's ups and downs and I believe it will also making it more popular or known especially to new investors.