Replies to post #35585 on Bitcoin (BTCUSD)

[nowwhat2]

Charts are only good for predicting history......
Yeah but when one looks back at history, it is obvious that they've mattered !
So maybe just maybe, they will matter again ?


Got millions of cases where T.A. has played a key role.
Just gotta look back at history to see 'em.....
To insist that charts are meaningless is like insisting that drunk driving doesn't increase driving auto accidents..

Anyways,

We've currently got maybe 20 million pple highly aware of Bitcoins' 20,000 status......and
Lord knows how many computers.....



This is thier collective behaviour......CHARTED because.....

When one looks back at history they'll learn that charts mattered !







It's............... The Great Countdown to Volatility.....







Wouldn't wanna seei it go below 19,500 or else....

This could be The Death Valley Line.....





The Death Valley Line



And the odds of that happening I had (last week) at 55/45 - Perhaps even higher - At 60/40 in favor of Death Valley)


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Just one month ago? those odds were completely reversed.


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