Technical analysis is crap. Throw some tea leaves on the floor and read them if you want insight, it's likely to be just as accurate.
Bitcoin would do well to dump a whole lot of speculators with 10 second attention spans, particularly if coins land in the hands of actual believers in crypto currencies.
LOL.
Depends on who is doing the TA, and how good they are with it, doesn't it?
n00b.
This is a touchy area - the analysis could be done perfectly and then something like 'CHINA' could come along and fuck everything up in the space of an hour.