Found some inaccuracies in a TA of #bitcoin price dynamics. Here’s my counter-arguments👇 #plebchain
nostr:note1zcxtj2aa837f7s5uu27sprmgs6rz7ajud2882w6w2pyn0cpts22sg4khc5 
Discussion
you are right. No technical analysis is to be taken serious with that few lines as Himel has done.
Real TA has lots of lines and curves. Everyone knows that.
The product of the number of lines on a TA and the prediction inaccuracy is a constant. The universal shitcoin law. Everybody knows that 🫂🫡
https://void.cat/d/RVHecBts5tWEQkCwiz1ST1.webp
https://void.cat/d/MG2R387EPmbKjMYuuQDg7N.webp
TA boy look very stupid then, TA guys look very stupid today.
Tl;dr: Price doesn't matter
Correct you are, my fren.
It doesn’t matter in the sense that looking at daily/weekly and sometimes even monthly fluctuations is absolutely useless. The price dynamics as a stochastic process are locally indifferentiable in terms of mathematical calculus. We only understand the fundamentals of bull/bear cycles and halvings. And we know that the price is increasing semi stepwise in every cycle with diminishing returns.
After every halving, a bull run happens. The rest of the cycle is just stacking cheap sats so they appreciate during the next halving.