Topic: THE BEAR GUYS ARE OFF THE STREET - page 2. (Read 339 times)

your mistake is thinking they are doing "technical analysis". where in fact they are just idiots drawing line on pictures that may as well be the drawings of a 6 year old. i am surprised you even waste your time having such a group since these groups are always misleading everyone and end up causing big losses for anybody who listens to their bad advice.
by the way it does not matter whether they were right or wrong, when what they say makes zero sense.

We have been seeing some conflicting analysis that bitcoin was in a downward trend, some TA guys in aWhats-app group I co-admin have been very optimistic that bitcoin was going to correct to about $4k zone, one of the analyst sent me a private message that I should start accumulating bitcoin at $5,500 zone, he is a Physics and further mathematics teacher whom my wife I have been helping resolve some mathematical equations when he gets conflicting solution via online post because I have never meant him person.  Just as bitcoin hits $8,800 yesterday he was confident of his reversal then I reply his post with "is that you my friend the further mathematics  teacher? he refused to post further TA uptil now. I called him in a comic way to let him know this was bitcoin and not a set of defined equation that is parameters ca be determined through known values with the principles of acceptable rules, the group members in a joyous mode posted some meme that they didn't fall for their bearish TA.

3 weeks ago, when bitcoin was at the $6k+ zone, I mentored my former course mate who works in a brewery company from how to set up a bitcoin account and a multi-chain accounts to how to set up his cex account and fund his account and buy and sell whatever he wishes. He asked if this was the right time to buy bitcoin, I told him how long I have been here and how volatile bitcoin can be and the upcoming bitcoin halving and the possible implication, he said bitcoin was too expensive, I left him to study for himself. He is been following discussion and he choose not to take a chance, this morning he wants to buy bitcoin because he read post we are heading to $10k soon. I didn't reply him and have o intention of engaging him because I mentored him and brought him to the group but chooses to listen to bear analyst than longing for the future of bitcoin. Sadly enough those bearish guys don't trade with their TA, they are anarchist.  I sincerely condole with all who thought bitcoin was headed to $3k zone, they now have to buy at a higher rate.