I have noticed that events tend to have a much bigger impact on price movements than charts or patterns ever will. Like, when major events happen whether it is news, regulations, or global stuff it can totally mess up whatever technical patterns you thought were set up. Sometimes, it feels like charts are just there to give us false hope or make us think we are all genius traders.
Bitcoin price prediction based on events can give a better price prediction compared to just some lines and squiggles on a chart.
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