Do you know what I noticed recently, if bitcoin falls and start to rise back and rise above $106000, you will see them saying bitcoin will get to all time high soon and get to $1200000. Bitcoin fall to $105250 not long ago and I have been seeing bitcoin may fall again.
most of these kinds of speculation are just done along with what popular opinion holds, it is never a genuine speculation that is done based on fact that have been identified from either past trend or information that is available now that has the potential of influencing bitcoin price. as someone that is in the system, it is in your place to differentiate between what is real speculation from what is not a new speculation and draw your conclusion from that. these speculation does not even affect bitcoin prices and so it is as though they do not exist.
apart from what people say about bitcoin, every investor should on his own know what can influence bitcoin price and know how to do his analysis based on this variable. every other unverified speculation is just part of the things that keeps the bitcoin price movement discussion going. the forum is not immune from that kind of speculation to even start with.
How do you define what is genuine speculation? If it is almost always wrong, what is the benefit of a genuine or a speculation that is not genuine? I don't think there is much benefit in any one. Technical analysis can have some use, but even that is limited and many people in crypto that are doing it are doing it wrong.