It tends to be dangerous to become too reliant on these kinds of supposed patterns even if they can be shown on charts, because they may well persist for a while and then when they do the opposite, such opposite may well come in a quite violent way that causes some folks who had been relying on such supposed patterns to get reckt as fuck, including losing any historical gain that they might have made from such and also taking the principle of a sufficient number of them that it is so easy... like a kitty cat toying with a mouse... and you overly reliant pattern traders are not the kitty cats... so you better protect ur lil selfies from getting trapped (or over exposed) in such scenarios/expectations.


No.

Bitcoin no does not work like dat.

Bitcoin is built upon presumptions of competition and greed, and sure there are a decent number of instances of participants such as developers cooperating, but mining, market share, attacking the network, creating of competing shitcoins to print money and things like that do not presume cooperation but instead seem to cause bitcoin to become stronger from various kinds of competition.. including some of the intense FUD spreading and market cycles that cause the stronger hands to stay focus and allow for the redistribution of coins from the weaker to the stronger hands.


Exactly!!!!!!!


there are definite needs to ramp up the attacks and spread bullshit in even more convincing ways in order to attain some weak hand shakening success.  Does not really seem different to me this time, because whenever we are going through a correction and feeling that it is lasting longer than expected, the impending doom of bitcoin does feel "real" at the time of going through it... We mostly forget the feelings of the past corrections because we can see and verify how they turned out.. which we cannot really accomplish with a great degree of confidence while we are going through such contemporary corrections.