the problem with this kind of analysis is that technical analysis is completely worthless for bitcoin and right now the market is under manipulation which means everything you know and analyze becomes even more worthless!
in other words you can't predict what can happen by looking at lower highs, and higher lows and stuff like that. as for supports, i don't think we have any meaningful level anymore. anything can be broken and it can mean nothing.
and i think we will see this unpredictable market for at least another 3 months.
I dont Think so.
A good Technical Analysis will show you what side the market is been manipulated, and you wil follow the manipulation.
By my experience This market appears to be Much less manipulated than any other market, the imediate trend is quite predictable. I may say its easier to trade.
Technical analysis is there to predict the market not to talk about it after it happened. of course you can see the manipulation using TA afterwards but not before hand and that is what i am trying to say. when there is manipulation it means it is breaking every rule and because of that it becomes unpredictable.
as for comparison, comparing bitcoin to altcoins obviously it is far less manipulated. but comparing it to other bigger markets like stocks market bitcoin is very manipulated that is another reason for why TA won't work.