So the story goes like this. You’ve been doing some technical analysis and you are sure you’ve got Bitcoin figured out. From the depths of your soul you absolutely know what Bitcoin should do next. The keyword here is “should”.
You place your order and buy some Bitcoin. And then Bitcoin does the complete opposite of what it “should” have done. Now you are left frustrated, dumbfounded, and holding Bitcoin at a loss on your trade.
Bitcoin is like a particle in the double-slit experiment.
If you aren’t familiar with the double-slit experiment, it’s a quantum mechanics experiment where a particle is shot through two slits and creates a wave pattern on the other side. However, when the scientist use a measuring device to observe it, it changes its behavior.
Here is a great video that explains this phenomenon.
Bitcoin is like this. You think you’ve got Bitcoin figured out. But the simple act of observing it seems to change it’s behavior.
Am I the only one that feels this way? Please let me know in the comments.