Do you believe in Technical Analysis?

Bitcoin price is currently up 69% Year-to-date

The 20week moving average has crossed above the 200 week moving average

TradeView's TA Analysis meter indicates "Strong Buy"

SoTFWhat ?😎

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Discussion

You think we’re done with the bull flag formation?

I sure don't think so Paulo. But...

The heavens are filled with billions of stars of various compositions and sizes, each an enormous distance from the next and all spread out across a vastly empty multi-dimensional expanse. And they're moving. Now, chart the stars you can see from earth as accurately as you can onto a flat planar projection of the visible sky. Then draw straight lines from one to the next as if they actually were in that plane, to form crude shapes of constellations named after randomly selected gods and beasts.

IMO this brings an understanding roughly comparable to that derived from TA market analysis. It's not astrophysics it's astrology, it's not method it's mumbojumbology. Still, many otherwise sane investors depend on it to make their decisions. So who knows?

Wen moon is surely still far up and away from here, but I still like to watch these charts. 😎