Quote from: guschinaa on April 18, 2018, 05:40:07 AM

Quote from: kingcolex on April 18, 2018, 03:16:55 AM

Quote from: coinmaster241 on April 18, 2018, 03:07:53 AM

Viewed from your chart it's only from March – April, You should see from chart / graphic bitcoin movement every year, almost forming the same pattern, I'm sure pattern will be repeated this year certainly rise at the end of this year.
Indeed, predicting bitcoin value is quite difficult because of different causes can be due to bitcoin trend, demand & supply, negative Issue of bitcoin, world government policy, etc. hopefully at the end of this year runs the same as the end of last year

Tons of people cherry pick charts to push what they want to see or what they expect, truth is Bitcoin doesn't follow charts reliably it does what it wants.

I am also not much fan of these chats and graphs. I think the demand is based on human behavior and it cannot be show with charts accurately.

technical analysis is a way of showing and also predicting that demand and human behavior. it is not really something special and it is not always true. it mostly shows one of the many possibilities or sometimes even a couple of possibilities that may happen and then you can have an easier time making plans.
although when it comes to bitcoin TA is not as effective because things are a little less predictable here.