Topic: BITCOIN MOVEMENT PATTERN? (Read 236 times)

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.

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.

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?

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.

The Bitcoin movement pattern will usually always follow the flow of money coming into the market and also leaving the market because when you see there is more selling volume in the market, of course price correction is a real thing that you will see, as well as when you see there is more buying volume in the market that will cause the price to start increasing in a few percent for a certain time.

But without looking at the statement you mean, actually if you still really want to collect Bitcoin, now is a good time for you to do it without worrying about government regulations and others because the government of some countries actually also really likes Bitcoin even though they may not have bought it in larger quantities because they don't know how to profit from Bitcoin itself.

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.


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.

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.

None should buy bitcoin if they don't have the financial freedom to keep the investment for long time, and also none should buy bitcoin when the price is already high, if you can avoid this two things, you will be able to Excel and not be under any form of pressure when the bitcoin price is not going according to your speculations.
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.

I strongly agree with you that during political statement or economical changes it will affect the pattern temporarily which could be considered as price correction, thank you so much for your idea and contributions.

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 can call it whatever you want like the movement pattern you mentioned. The price of bitcoin did decrease but based on the graph, I didn't see it's price dropped too much so I would say (my guess) is that you can use the chance to accumulate more bitcoin during the time its price drop. Anyway, many people discuss about the patterns but to be honest with you, I don't see it as a 100% accurate because all of it is done by people who are expert on technical analysis. So I would also say that you really can't predict whem will the bullrun or bearish market will happen.

Perhaps bitcoin patterns can be measured in a long term which is basically the four years circle but in a short term it's absolutely unpredictable because of the effects of the about mentioned (economic, political etc changes). I also I gree that it's main pattern is bit by bit but when there is a political statement or economical changes it tends to affect the pattern temporarily which I believe we consider most times as price correction, as soon as the price changes for any reason it goes back with price correction to maintain the original pattern of bit by bit.

the thing is that nobody knows When a bullrun or a bearish season will a manifest for bitcoin investment that is why many people experience loss during investment of Bitcoin and the any other digital currency or cryptocurrency so it is better for you to examine the movement of the market first so that you will know the durability of your investment but some people who is curious for the investment does not cross check all this before the invest in Bitcoin so bitcoin does not have any Trust of continuity of increment in value because you can see the price of Bitcoin increase today and decrease tomorrow, so the price is not constant in value that is why the value is unpredictable.

You are on point Sir, but could one be able to predict Bitcoin at 100% accuracy?
Because, to me,I see Bitcoin pricing to be a dependable variable that is majorly controlled by external forces or events for now.

The movement of bitcoin based on its volatility is on a zigzag notation that's why the market price would always be a guess and unpredictable.
The determination of the its increase of decrease leans on the demands and supplies.

Thank you for your opinion and suggestions that going forward, future events can greatly affect and change the historical way, pattern or style of which Bitcoin has moved in it's price since it was launched.
But if the world, perhaps 80% or slightly more moves to web3, Bitcoin could have more resistive force towards some or many external constraints that has affected it's pricing upto date, or what do you think?

Traders will tell you that there are different patterns in how to predict the price of Bitcoin. They have different ways of analyzing the market and making accurate predictions. However, these predictions are now 100% sure. This is because Bitcoin volatility can be triggered by any political or economic news. The news that Donald Trump will be friendly to the crypto industry, affected the market positively.

Government regulations, wars, political statements, and economic policies that affect Bitcoin price are not predictable, which means you might not be able to predict Bitcoin price. Anyway, there are indicators, especially in the US which can show how the future price will move in the future. One of them is interest rate, and expect the price of Bitcoin to go high. Expect the price of Bitcoin to go high if the US FEDs reduce interest rate this year.

Thanks for throwing more lights and corrections as well on my choice of diction.

Yeah, you're correct though your choice of words isn't totally correct.

When you're buying Bitcoin to hold till the price goes above the price you bought Bitcoin, you're actually investing in Bitcoin and not trading your Bitcoin. Trading Bitcoin is mostly related to a very short interval of time and sometimes it doesn't work out as planned and might lead to loss in the process. Even though you're trading or investing, it's good you don't forget that the money you're using should be your spare money so that in the event of a possible loss, it wouldn't become a serious cause for alarm.

With regards to when is the best time to buy your Bitcoin, What most people mostly think is that it's best to buy during the DIP and then HODL it till you're comfortable enough to sell at a particular price. If it's in an ideal case where everything works out as speculated, then that's perfectly fine but because we can't be too sure if we can accurately time the DIP, it's best that we should buy when we have the resources and if we're financially able to continue buying more, we can keep buying with the use of the DCA method. With the DCA method which involves buying either on a weekly or monthly basis using a small amount each time you're buying, it's easier to build a strong portfolio over time and gain a better profit from your investment.  Also note that apart from some general strategy that has been proven to work in the past and is currently recommended as a good strategy, it's best to do what works best for you depending on what's peculiar with your situation.

The price chart of Bitcoin is public information, and anyone can have a look to try determining patterns there. When I look at it, I see periods of relative stability around low prices (at least 50% below the ATH), and then more active periods of growth with corrections. The latter periods are something like 'three steps forward, tiny steps back and forth, and then one or two steps backward' to me. Right now we are past three steps forward, somewhere in those small back-and-forth steps. But that is, of course, very subjective and can change at any point.

You can call them as patterns, fractals but nothing to be sure that possible pattern or fractal is a confirmation and certainty that price will move with it in future. Pattern or fractal only can give you some hints and voice of market history, you are living in a current live market that moves toward future with many things different than what the market faced with in the past history. These future events will affect the market, not past ones and it can break any pattern or fractal.

You can apply pattern, fractal but don't believe that it is 100% accurate and will repeat, and never gamble with your belief in this volatile market that is sensitive with news and governmental acts and regulations.

Noted, so we should buy or trade BTC when the price is low or with spare money that may not be used for long period of time in other not to loose our investment funds believing that on the long run Bitcoin should rise above certain threshold.

We never really can tell what is the next movement for Bitcoin as it is very volatile, although there could be some members sharing their TA (technical analysis) here. But if you want to at least broaden your horizon, you can go here: -> https://www.tradingview.com/symbols/BTCUSD/?exchange=CRYPTO.

There's a lot of individuals who have experienced trading Bitcoin and they share a lot of technical indicators and maybe you can get your answers some from of them. Or perhaps you can learn a thing or two as well and in the future you are the one making your own analysis.

All of them affect the Bitcoin price movement, but as you can see on the chart, it still respects the symmetrical bullish pattern. Even though there's a breakout, the price is still going back inside the symmetrical flag.

However, we still don't know what the price will be this coming August and September since all news, regulations, etc... could affect the Bitcoin price.

If you are a trader, you should always have risk management to avoid losing much and buy.BTC when the price is very cheap, just like what happened a few weeks ago when the price touched around 55k.

   "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?