Depending on what timeframe we are talking about. If we are talking about a short-term or medium-term vision of the market, then the chart can show the most likely scenario for the development of events. But what about longer-term forecasting based on the graph? I think that one chart is not enough, and you also need to take into account the news background and fundamental features. It is for this reason that I argued with some users on the forum (at the beginning and in the middle of this year) about the movement of the market. They showed me a chart and said that there are all the prerequisites that Bitcoin will grow even further this year and make a new ATH, they showed me some kind of technical analysis, some lines and stripes on the chart, and I said that it doesn’t have values ​​at a distance, as there are other factors to consider. A very good prospect may appear on the chart, but fundamentally everything in the world will indicate that there will be no growth. So one chart for such purposes is definitely not enough, and it is sometimes deceptive.