Everyone knows that we can learn from the past to correct mistakes.
As a result, many economists attempt to predict the future through history.
We also have a known fact from the past.
The "Bitcoin halving" is correlated with price increases.
I'd like to pose a new question here.
What are your thoughts on using past charts(candlesticks) that similar current ongoing charts(candlesticks) to make price predictions?
When asked this question to many professors and investors, a common response is, "Candlesticks reflect the psychology of investors."
What are your thoughts on this matter?
I'm curious, have you ever learned a little about trading? If you have, you will know how effective technical analysis is in the trading activities that are being carried out. However, it is important to remember that technical analysis alone will not be enough to help a trader get the right decisions in it trading activities, fundamental analysis also helps support the accuracy of technical analysis. Don't just learn one strategy in trading, if you don't want to continually update your knowledge in trading then it will be difficult for you to make the right decisions in trading.