3 ms·

Technical analysis is just astrology for finance bros.

• ascendantlogic 5mo ago
  I'm not a TA nerd, but there is a very clear pattern that has been established. Crypto moves in cycles. You don't need to draw a ton of triangles and lines all over a chart to see the cycle this has gone through over and over.
  • the_gastropod 5mo ago
    If it were a reliable predictor, it’d be trivial to become a billionaire by levering up, and riding the next “cycle” up, no? You doing it? I suspect not, because you know it’s not actually a reliable predictor of anything.
    • ascendantlogic 5mo ago
      You can suspect all you want, I'm not here to argue with anyone's strong feelings about crypto either way. Just that there's an established pattern to how this particular market moves.