5 important reasons why absolutely nobody can predict whether $17k was the/a bottom

1. Nobody can predict the market any better than a monkey throwing darts.

2. If anybody could with even a slight degree of accuracy they would leverage up and become very very rich (and they probably wouldn’t post here to let you degenerates in on it).

3. Anything that is even vaguely predictable is already priced in.

The likelihood of any possible future event happening or not happening, already priced in.

Merge, already priced in.

Inflation, already priced in.

1. This is a casino.

2. All markets are subject to rife corruption. If the NYSE isn’t played fair what chance does unregulated crypto.

Certain entities, (whale bulls, whale bears, CEXs, regulatory authorities etc) can and will influence the market as they see fit and nothing we can do will stop them.