I second that. BitCoin isn't like 'other' markets.
I can tell you from my experience ...
And I can tell you from experience that whatever you
think you know about some canonical market is absolutely inapplicable here.
That is nonsense , of course each market is different, but the principle of mean reversion always applies, especially to currencies.
It's a random walk with some biases that persist which can be used to predict the x+1 datapoint if you were a HFT trader, or even go into the orderbook and play with the tick data. There are plenty of quant tools available to play with that.
In my opinion the bull market is over. And it makes sense fundamentally too. This Chinese ban thing is getting hot and it will have big ramifications in the near future.
You are wrong. Quote this for future reference; bitcoin at a price of $3600 is a good buy.
Sure do that. It's fun to argue with sheeps who go with the flock but money is not made that way.