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?
Predictions are not always the way we expect them to be, when you predict, is just like trying to vision the like outcome of an event, but the truth is that it is not always sure, it is better to be open-minded to expect any event to occur in this situation so that we won't have high expectation that may not come to reality, I want you to understand that is not a guarantee that an event that happen in the past will repeat itself again, just don't expect much but if it happens that's fine, if it doesn't that's it.