“The bull market has begun” and “the bear market hasn’t ended yet”—what are such statements based on?
“Cycles” are conclusions drawn from past price movements, not rules written into the protocol. With limited samples and changing conditions, the fact that past patterns occurred does not mean they will repeat in the future.
The first page of my study notes says: Understand first, then act.
Knowing the rules helps you make informed decisions; it doesn’t help you predict market movements.
$BTC C 83070.08(+0.21%)
“Cycles” are conclusions drawn from past price movements, not rules written into the protocol. With limited samples and changing conditions, the fact that past patterns occurred does not mean they will repeat in the future.
The first page of my study notes says: Understand first, then act.
Knowing the rules helps you make informed decisions; it doesn’t help you predict market movements.
$BTC C 83070.08(+0.21%)