Look at the charts and it really appears that we are currently on a very temporary pause from our current UP. or UPTREND or whatever we want to call it... so yeah, an additional push down in the range would be o.k... but it seems that we are mostly inclined for UP.. and likely there is some disgruntled altcoin pumpers and anti-bitcoin folk who want hope that bitcoin does not punish them and that possibly they get their own little pumps. Certainly, I am not writing off the alt pumpers, that's for sure.
Regarding UP.. Surely, I am in a position that is way better than I had expected, and sometimes it remains difficult to replan and reassess and to just consider what it is that you have and how you are going to either preserve it or allow it to grow - to the extent it is inclined to grown.
Generally, my practice has been to set my sell orders in increments about 30% to 50% above the current market price; however, if we have a large dip, such as the 40% dip from mid-September, generally, I will leave my outstanding sell orders - so then they might become a bit ridiculous, even in the 150% higher than the dip price - seemingly unrealistic, too.
Anyhow, as the price goes up, and if if goes up a lot, then there has become some needs for me to look at how my holdings of fiat and BTC is playing out and to perhaps jigger or readjust matters, and sometimes, I just don't really know until I go through some kind of process to consider and reconsider my tentative plan.
In this regard, in recent days, I went through a hypothetical process on one of my trading exchanges, just to consider how sell orders might play out and how many BTC I need to have (and how many dollars I might accumulate) to set my sell orders up to $15k... Yeah... .o.k... o.k... it is a bit of a fantasy, no, and it is nearly 3.5x of current prices. I have various personalized charts and excel spreadsheets that i have customized and used; however, still was a good drill for me to set sell orders up to $15k in order to attempt to verify some information and whether my created spreadsheet projections line up with a possible real world scenario of filling orders up to $15k.
Actually, one thing that I realize when I set these high projected sell orders and also when I project on my spreadsheets, there are scenarios that I project that anticipate the possibility of a price explosion that goes straight up 3x or whatever is the number - however, most likely in the real world there is almost never any straight up scenario, so we are nearly inevitably going to have various ups and downs along the way.... even thought there may be a less than 5% chance of going straight up - though I think that my projections account for both scenarios, but not as well for the UP and DOWN along the way scenario because the extent and duration of the DOWN portion of the scenario remains fairly difficult to pinpoint but only to ballpark it.. in such a way that after it plays out, then the specifics become known and the rest of the scenario can be retweaked.