Quote from: Ninellechka on November 11, 2018, 10:53:29 AM

Many traders have come to the point that all the predictions are worthless. Crypto depends on the interest, trust and people's desire to put up money, resources, time in it, desire to use it. So we need a new hype to see the bullrun again. And, I guess, there's hardly going to be a hype unless the regulators come to some positives decisions concerning crypto.

You are correct if you are referring to prediction without basis but only what their gut feels, but predictions based on technical data is something you ca rely on. What you have said about interest, trust, and people's desire can be translated to technical data most of it can be seen as their demand or the volume of the trade. Hype can be clearly seen in the price charts as well. Basically technical analysis can be related to the study of human behavior as it is really what it is, you just have to understand the data that has been given to you.