Post
Topic
Board Altcoin Discussion
Re: Buy coins at 17k weeks ago could be the best time to buy
by
Jackl87
on 09/08/2022, 09:56:20 UTC
Today BTC moves are more bullish than ever, my chart says we going to 27-28k and many people are waiting for 10k BTC, I think charts don't lie like people do, if a bearish signal is coming your chart will tell you but sitting on your hands and hoping for a satisfying buy price can leave you with many regrets.

I don't really agree here with your statements that charts don't lie. If you follow crypto analysts or just financial analysts in general at social media then you will have everyday a new trend analysis in your feed which tells you that, "a breakup will happen in the next days" or "if the resistance at xx $ holds then it will only go up from that point on" or other statements. Sometimes those predictions become true but i would say that in most of the cases they turn out to be incorrect.
The problem with chart analysis is, that it has the requirement that in the future things are developing the same way like in the past and that is just not true in the real world in many cases.