Quote from: milewilda on Today at 08:44:08 PM

Quote from: 9thsky on May 08, 2021, 07:06:33 PM

From 50/50 (it could swing either way and you can have zero knowledge on which way it'll swing), to %1-100 being able to know before hand, how much can you know?

What causes prices to go up? What causes them to go down? Obviously, no one knows for certain when it would happened, but has there been a consistent "pattern" lately? When prices have gone down, have you known to a reasonable degree than they would bounce back up? How?

There's no such patter because this market doesnt really react on technicals on precise manner so its really hard to tell.
Reasons for rise?
1. Adoption/Recognition
2. Hype/Shill
3. Unknown factor(Increase by its own)

Reason for dumps?
1. FUD
2. Hacking incidents
3. Profit taking
4. Again, no actual reason

There is always a pattern in the crypto market, I believe that technical analysis is a strong way that traders could rely on. Support/Resistance, Historical Data, Market patterns, and other factors matters that can help people raise their winning chance in trading. Those reasons for pump and dump that you provided were justifiable but if the market doesn't react on technicals, why would traders study hard learning all about charts?