This information is only useful at this moment. 29 of january 2020.
ONLY MY OWN THEORY. I COULD BE WRONG. BUT THIS COULD BE USEFUL.
IT IS PURE LOGIC APPLIED TO BTC PRICE MOVEMENT & BEHAVIOUR.
Interference movement due to market exploration on the positive incremental price slope.
¿What do I mean by this?
It seems that BTC is taking a new pathway upward. Due to different factors, which are triggered by the pressure of stock-to-flow ratio doubling the 12 of May.
Since the 18 of december 2019, every new low has been higher than his predecessor. This is very logical, because people are HODLING harder as we approach the halving. Adding to this, the price valuation of BTC in the market is incrementing. People are willing to pay more for the token now than past month. Is highly possible this trend will continue.
This positive slope is new & fresh. The market is exploring the way up. Interference is caused by not really knowing what will happen on this uncharted territory, so by consequence the price fluctuates.
FOMO/FEAR rapid interference
Interference = High volatility
By conclusion, don't buy when the price:
1) Is rapidly rising.
&
2) Crypto index is in the yellow or green zone.
As it is exploring, the price will go up & down with lot of frequency. So don't buy when it is exploring upward.
I think its only going to behave this way because the market is very sensible. FOMO is short term. But more frequently than in december. Fear will start to fade away as we get closer & closer to April. As a result, FOMO will become more steady, which will make the upwards movement longer as time goes by.