MISTAKE IN TITLE " .. Think of .."
I started to avoid doing any of it, or hoping for it to help tp predict anything..I read articles and try to read any news related to crypto ( negative or positive ) and make assumptions that Bitcoin will go up or down, and I feel like it is going up for the moment and it won't stop, more adoption higher price, simple is that..
But the TA is a good tool that can make you think you can predict something and a good tool also that give you easily excuses that justifies why your something hasn't been achieved, just draw more lines, move one a little bit and here you are, that's why the resistance is 54 not 53 :) and Wouaah.. wth !
TA isn't testable, I see a lot of guys ( claiming experts ) who just says thing like bitcoin will reach 53, if it breaks up then it goes to 60 ( 70% ), if not then it will return to 48 ( 30 % ), so what they do exactly if they give you the only two choices available ( it may go up or down ), how can this help ? aand those numbers are meaningless ( 70% & 30% ) for many reasons
- If BTC go up, the "expert" will be like " OKAY, I told you, see ? ", if not "OKAY, that wasn't expected, but i told you it may go down too ", like eseriously ? how would I take such person as a reference ?
- Those numbers ( 70% - 30% ) are exactly the same as ( 65% - 35% ) or ( 50% - 50% ) , a number that shows that you're positive or negative that's all, those numbers aren't based on anything, in a scientific field, a scientist or statistics guy can give you such numbers and he'll show you how many scenarios has been tested and repeated to get those numbers, in Crytpo charts, this isn't the case at all, because every scenario isn't the same as before, every scenario is a different case, so you can't test it ?
- I like when a TA guy start giving you prices a crypto may stop up or get tested at, and he start drawing his shitlines based on previous tops or bottoms, and give you prices like 23, 27, 33, and then a major event comes in and the coin drops to 3 or jumps to 40, he becomes just so ridiculous ? or the price for example goes to 25.5 and start getting tested and then again starts drawing new lines to justify why this is the new restiance or support or whataver LOL
How can anyone believe in this ?
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