Quote from: _BlackStar on Today at 08:55:10 PM

Quote from: stompix on Today at 08:40:56 PM

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I agree with your opinion - but how can we forget everything considering that there are still many people who really use the past as a benchmark in predicting the future?

Simple, you stop trying to predict the future based on past events and understand the difference between things like stocks that can only float this much, that have a basis on demand and performance of a company, and Bitcoin that started from scratch and is a different league altogether! If we go only with TA that for a century has been dedicated to classical assets on things that is completely different and a first in history is a bullet poof ay to be more wrong and right.

Also, as I kept saying for two years, history has a habit of pushing completely new things, the covid crisis showed us all how all models flopped when oil went into negative, it was one funny sight at that moment as indicators were running errors because of that.

Quote from: _BlackStar on Today at 08:55:10 PM

As far as I know - the current optimism of holder and investor is because they have learned from past history, but it is perhaps somewhat realistic that now that pattern has been broken. The same pattern may or may not be repeated at all - but there are many other factors that support the same pattern repeating itself considering that we are pass the second month after the halving ^{[third month on going].} High flows in Spot ETF are likely to be expected throughout the year - but lower interest rates are certainly hopes.

But you see, again those patterns you mentioned are things that were not experienced before, we anticipate ETH inflows but we have no data on how inflows work long-term, we have no data on how Bitcoin works on lowered interest rates, just as we had no idea on how it did on rising ones.

I'm not saying we're not going to see a price rise, I'm actually betting on having one but at the same time I won't say we're going to experience this because charts show it will.