I find it hilarious how people think they can predict the market with drawing lines. It might help out if u want to sell or buy and are woundering when to do it. But if u believe in Bitcoin hodl. The only one's making money by daytrading are the exchanges!!!
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It's called speculation and I prefer to invest based on real numbers than having gut feeling and beliefs. If you think no one is making money with day trading and yet there are millions of trades per day in exchanges then good for you.