There is no need to be rude to each other, this is just a technical analysis and I do not want to know if you are like this for a
technical analysis of a currency how would you be if the topic is a personal stuff. Both of you could be right, both of you could be wrong, one of you could be right and the other could be wrong.
This is technical analysis and from the past 6 years I have been involved with bitcoin I can clearly say (and I hope after 6 years I earned that right) some technical analysis turns out to be true while some of them turn out to be wrong, which I think everyone can say not just me, we have seen hundreds of technical analysis during this bull run, some of them were right and some of the were wrong. This one here could be right maybe its not sustainable or maybe its wrong and its sustainable, who knows? Only time will tell but you guys should be calmer about it.
It is because no matter how excellent a person is in their TA, it is still a guess. No one knows what will exactly happen on the next hours for Bitcoin. TA had become a norm so somehow the market moves along to what it intended to be making some of the TA correct, but for those whales who do not follow it, can easily bust that TA made by any seasoned analyst. And besides, why does there are several TA method? Because each method is not accurate to tell the next movement of the price. Does this TA predict this recent price crash?
It was unsustainable ($13,800) because several holders exit for a profit and probably this:
Agreed. That is why I blame Tom Lee. He told everyone in the beginning of this year that bitcoin's fair value is $14k. He is scamming with everyone. $14k is his target to dump hehehehe. He tricked us!
