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RE: BITCOIN (BTC) Evening Update: Bitcoin $15,000? I Explain the Analysis Behind This Potential Target!! Check Out This Blog!!
Uniformity of sentiment equals similarity of patterns.
Another golden nugget from you sir. It is so fascinating that all of these prices and charts are just such a reflection of our human projections. Great stuff as always Haejin, many many thanks.
There is a famous saying: what are words but symbols of symbols, hence twice removed from reality.
Price is a reflection of sentiment which is itself a reflection of thought. So, Technical Analysis too is twice removed from true thought as it measures its reflections. Thus TA can never be perfect.
That is the roots behind why I use Technical Analysis.