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RE: Bitcoin "Technical Analysis" — Sunday Morning Musings of Meaninglessness!
My expert prediction, looking at the charts:
Could go back up, could go back down. The elliot waves with trending volume and shorts hitting the key resistance in the bollinger bands. Look for the wicks, we may see a reversal. Price prediction: somewhere between $0 and $1 gazillion (gazillion with a "g").
Beat that, guys.
I'm glad somebody out there knows what they are doing! Thanks for the info!
TA is easy bro. You draw some lines, make some shit up, throw in some acronyms and science-ish words like Fibonacci and Quants, and say "probably" before every prediction.