During the last bull run there were many TA posts on here, and now not so much. TA posts about BTC and many other altcoins, with key resistance lines, ‘golden crosses’, double bottoms, etc.
I’ve not seen a single TA post that wasn’t actually a meme in who knows how long. What happened? Did everyone agree that it was bullshit? Did the bear market make everyone lose interest?
It seems that it was much more fun hearing about how if BTC holds a key resistance line, it’s price can jump instead of hearing about it crashing. Same with altcoins.
Do i believe in TA? Maybe for BTC. You could not pay me to actually look at or base anything on TA in the altcoin world. Maybe I’m wrong here, but I remember seeing TA about Luna continuing to break out well above $500 (RIP)
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