Yes but if enough people believe it works it can work pretty well actually. At least in the short term.
Traders set the market in the short term so as much as I think it is ridiculous TA matters. Unless you are DCAing into bitcoin daily and don't care about anything else. Which is my current investment strategy.
are there any prolific technical analysts who have established track records for predicting these short-term moves?
i see lots of technical predictions on twitter, but they usually only get retweeted if they’re right, otherwise they get deleted.
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Same in all respects.
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