Post
Topic
Board Altcoin Discussion
Re: Market is about to pump
by
MoonOfLife
on 13/11/2022, 11:57:57 UTC
Instead of trusting the random social media users, I prefer reading expert analysts and compare data to draw image on my mind. This is not bottom, there is a room for BTC price to drop further and my close prediction is $12k support level. In case of breaking this mentioned support price line on chart, market can even crash down below $10k,IMHO.
I don't "trust" any TA, that would be weird as it's just matter of probability, I just review their earlier data. And this guy/girl was spot on predicting the crash. I followed him before the crash as he had predicted something else. Right now i can't recall what but you can review his history as everything is transparent.

Technical analysis if you use them in stock market maybe it will work but in crypto I believe it is useless. I would like to ask if there is any analyst who can analyze the drop of bitcoin or FTT token in the last crash? I'm sure no one can guess. It's funny when someone says that by looking at the chart they can tell that bitcoin is going to drop to that level. If the prediction is so simple, why don't they just sell their house and invest it all in bitcoin? He will get rich quick instead of giving analysis to other people and telling them to buy.