I’m not judging anyone, I don’t use TA myself (or not much anyway). But I find it weird that the majority of this sub agrees that TA doesn’t work, but don’t try to justify market cycles with anything else.
I mean if we are making decisions in this market based on our “hunch” or whatever, I dought that we’re ever going to break ever, let alone make any profit.
There are many fundamental analysis posts at least, but they only cover the tokenomics of some alts, and the CPI ratings. I rarely see any posts about BTC volume, tracking smart money, and tracking whale movements in general, which should be important, but are nowhere to be found.
Basically, I don’t understand how everyone can keep saying “bull trap” , “no bull trap” or things like “reddit high on hopium, so I’m bullish”. It never boils down to anything, and all we do is farm moons while gazing into the stars.
So are we doomed to just continue like this, or are there actual ways to predict this market behaviour, even with a slight chance?
submitted by /u/Sylerb
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