Post
Topic
Board Speculation
Re: Bitcoin's Next Major Move - Crypto Market Analysis
by
rhomelmabini
on 09/08/2020, 05:11:14 UTC
I think it will be interesting if the OP will come back and make a follow up predictions.

But obviously, since it is taken from that article, we really know if he is the actual author. Anyways, it seems that $12k is the resistance now, although we touch it barely, it didn't sustain and it will take another round of money to flow again to push the price to $12k and then maintain it. Two different stories, touching it and then maintaining at some point without any selling pressure.
The OP cant do any follow up of the presictions because hes not the actual author of the article and the previous prediction was done base on the stable in price of the market while resistance to dump and logically pump in price should occur.
In the meantime, here is another prediction provided by the site used by OP.
Just following the link and you can read more of their analysis here: https://www.platinumcryptoacademy.com/crypto-market-analysis/

And that is why everyone can really make their own prediction and if it a hit, then they can call themselves experts, LMAO. I'm not against TA, but most of the time, those who claim to really know to read graphs are just simply trying to make a line and connect the dots and make a prediction to fit their narratives. And obviously, our next prediction should be the price could really go up, by looking at the current sentiments of investors because we are in a bull market already.
Sorry, but I beg to differ, just reading graphs then connecting the dots? TAs are great tool but if you are following random persons or institutions who does some TA then you'll wonder it's confusing. TAs are not meant to be perfect but it's more like a guide to predictions, past resisitances becomes support, new resistance will become support one day not that accurate but it really do happen. How can you predict the obvious by the way, by just the market sentiments and saying we are already on the bull market, eh?