“A dark, depressing place where dreams die and anguish reigns.”I get it. Since the market reached its zenith on November 8, 2021, overall trading volume has dropped every month, along with prices.Also, on a monthly basis, volume peaked in December 2020, not November 2021. It’s gone down for 15 months, even though bitcoin made multiple new all-time highs over that time.Yea. Kinda like when you get to a party at 2 am. Everybody’s happy but you already missed most of the fun.
At the end of the day, I don’t need to know what the entities are doing, I need to know what the bitcoins are doing. Many people apply some form of technical analysis. Traders use that type of analysis to plan entries, exits, stop-losses, and hedges. Essentially, it’s a risk-management tool for people who want to make money from changes in the prices of cryptos.What about fractals? Can you take one outcome from one event on one dimension at one point in time, then use it to form your expectations of this moment?
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