Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 12/06/2018, 21:24:56 UTC

Price evolution from here...



Your squiggly lines do look nice, toknormal... and they look reasonable too, with a possible additional 40% price dip from here until early 2019 - yet I doubt that bitcoin is as reasonable as you anticipate it to be.  Accordingly, the FUD spreading aspect of your chart remains.. as STRF asserted.. furthermore, even though you could get lucky and end up correct in your prediction, you seem to be asserting that it is going to take a bit over 2.5 years to again break above ATHs...  I am leaning with STRF in concluding that you are leaning more bearish than warranted.  Time will tell, correct?


TA for Bitcoin doesn't mean dick.

Tell that to the traders painting those charts.

Nothing other than T/A means "dick" when it comes to bitcoin. Fundamentals get priced in years in advance. Once that's done, all manipulation trading is done on buy & sell signals. Market doesn't care about direction. It makes money on the way up. Makes money on the way down. Hodlers are the only people who care about direction.

Hahahahahahaha.. .Here you show your stupid-ass obsession with TA in bitcoin...

Actually, I agree that good traders make money on the way up and down (or at least they figure out ways to take advantage of volatility), but that mere fact does not mean that either TA controls or that TA is not used to sucker less experienced traders into selling when they should either be holding or buying.