Quote from: o48o on November 12, 2022, 10:36:34 PM

Quote from: seleme on November 12, 2022, 09:33:49 PM

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.

You should understand too how TA works or atleast have the basic knowledge on it because you will determine if the analysis is true or not base on the data they are providing. Some TA analyst is always posting bias analysis by getting the signal that they want on the time frame which they can see the signal even though the general trend is against it.

It's right to not trust anyone TA but it's not bas on reading some of it because they might a chance they are giving a correct signal that you can verify if you have the knowledge to understand it.