This INSANE Belief about Bitcoin Really Triggered Me (BTC and Chart Analysis)

This INSANE Belief about Bitcoin Really Triggered Me (BTC and Chart Analysis)




This insane belief about bitcoin really triggered me (BTC and Chart Analysis). Is it likely that technical analysis or chart analysis does not apply to bitcoin?

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About the Author: Alessio Rastani

27 Comments

  1. All I can say is your point on TA is Spot on. I come here for great common sense TA and views. Learned so much from your videos – keep up with the amazing work!

  2. I usually find strange comments are because the person misarticulates what they really meant. They likely meant, "technical analysis alone is not enough for Bitcoin .. as it also requires fundamental analysis as well (market sentiment)". It will just be a simple miscommunication like that.

  3. With all been said about Investments never Invest your money when you not sure of making profits many of us have lost money until we got to know of Darragh Ryan . who has the experience in managing accounts. He has traded for me for the past 6 months with massive profits weekly. I started with 1 BTC, today I have made over 5 BTC as profits.***

  4. Andy deserves some bitcoin wish would could get him an address and send him some coins that'd get him paid via defy and he wouldn't be able to touch the initial supply but rather the yeild generated by the yield. So locked for 5-10 years so he can learn how to use it.

  5. Very much agreed Alesio, Bitcoin does not pay dividends or have quarterly earnings, therefore it is purely driven by market participant emotions and clearly technicals.

  6. Bitcoiners dont like TA because it will never predict a news event that influences the price violently up or down, as we have seen over and over and over with things like Elon tweeting, or China banning bitcoin etc. There was no TA predicting those events.

  7. The only true function of Bitcoin and all the crypto coins is as a speculative vehicle. It's a big casino, you choose your table and play that game. The tables are kind of interlinked, you don't really know how or who else is playing a table or who can manipulate the rules & how they're manipulating the rules, you only know they sure are being manipulated. The charts give you some clues but those clues are often false. Once the main players have decided there's no more money left to be taken the tent will be folded up and taken away and everyone will move onto the next big thing.

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