Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
d_eddie
on 18/03/2018, 18:38:16 UTC
Last summer majormax said there would be no new ATH for another few years. Bitcoin hit a $20k ATH half a year later.
(relevant quote snipped)

Today he's making the same prediction of a few years of bear market without another ATH. His trade analysis of Bitcoin is full of shit.
(more doom and gloom stuff)

Great of you to out bunk predictions!
To use the words of our resident gay star,

Also, I've come to recognize everyone doing trade analysis of Bitcoin is full of shit.

which may well be the case. Predicting the future is an art for artists, visionaries, madmen. Over half of which are proved wrong anyway.

However, this doesn't detract from that specific observation: P/ T/ V/. I think it really makes a lot of sense, and it's a valuable tool to analyze any situation - not just the current one - and not necessarily to obtain accurate long term predictions. A few weeks would be more than enough in most crypto circumstances.