Re: Can the bullish pin bar candle pattern be used to predict the bull market?
There are those who argue that candlestick patterns called bullish pin bars signal a bull market, but I am not so sure about the validity of candlestick patterns in terms of predicting the right outcome.
It's hard to predict the market because even market makers are unable to control everything, every event on this planet. Hence sometimes their plans will be broken or not fully completed as their initial plan.You will have an easier life if you don't time the market and only focus on fundametals as well as have a long term investment.
What are fundamentals of Bitcoin that are good for your long term investment?
It's Controlled supply. In another way to represent it, it is Bitcoin equivalent network time.
Dig more about it with How is the 21 million Bitcoin cap defined and enforced?
Don't use indicators, try to look at fractals.
