People out there actually believe you can draw lines and predict these moves
Discussion
You have to admit today is a pretty bad example time point for judging it overall
don’t they always say that „narrative follows price“ and x „is already priced in“?
Technical analysis is horoscopes for bros
Hahaha
Which Simpson’s character is that
This pattern is called the rektn'deez
People were trading the inauguration speech, waiting for him to pump Bitcoin.
The high conviction he would pump Bitcoin drove the price.
right?!? such nonsense.
"it's shaping up to be a classic Trump Bitcoin reserve xrp up reversal down". lol
The line makes sense to me.
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Pricing in sats is always adjusted lower, to reflect everything going to zero against Bitcoin.
This isn't the S curve I was looking for...
There are events in trading where most of the charting peeps simply zoom out.
achktually the reality is you can walk a lot fucking around and figure out predicting these moves, but then remember that also the exact opposite moves are likely to happen, so continue walk fucking around....
These are interesting times! I bought a little more at the dip. Usually I get it at the top, so all is well.