0 sats \ 1 reply \ @kr OP 1 Feb \ parent \ on: Are Technical Analysts Just Fortune Tellers? bitcoin
so if enough people start training their algorithms to react to technical indicators, then it becomes profitable for humans to exploit these overcompensations, right?
oh, every structure creates its ways to exploit it right along with it. In combination with outside context - Makro, fundamentals, etc - you'll see where an algo is just following the internal logic and dumping a fundamentally valuable asset for technical reasons, for instance.
which is exactly what "buying the dip" is.
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