Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Majormax
on 24/10/2019, 00:14:04 UTC
^^
I just don't believe or have to much faith in TA's they are like a newspaper fun to read and look at but +90% bullsh*t .....



..

Well TA worked for the last few months on BTC , much to many peoples surprise.

The failure at 13500 was an very obvious opening of a long bear phase. No bottom has been formed yet, so its still in a downtrend...

..unless you think that the developments in quantum computing are weighing on price, I would say it's a pure technical move.

You are correct that TA is useless, unless you are a medium term trader.