Hm, what do you mean artificially? To me that implies manipulation. The only potential manipulation would be a cash whale wanting a lower price.. which isnt... really manipulation.
Not manipulation? This whole market is a manipulation circlejerk.
This is why outdated 19th-century/early-20th-century technical analysis is futile in the world of Bitcoin. It's time to think outside the box or get stuck in the tarpits like dinosaurs.
I earned bitcoins daytrading back in March/April by anticipating dDOS attacks on MtGox. The smart money now is on anticipating whale manipulation.
Of course the smart people don't publicize their predictions, or at least not precisely.
What a dick
He might be a dick but he's not wrong. I've been saying it for a long time, but I'll say it again. Tech analysis can work well in larger markets, but bitcoin is simply far too small for it to be of much use (I use it in some situations, but mostly stick to fundamentals).
Noone is obliged to follow technical analysis
But for those who want better results than buy and hold , they are invited to try the technical analysis for bitcoin.
The bitcoinbullbear service has outperformed buy and hold by orders of magnitudes over 3 years consistently
You must be extremely rich?
It's not about me but about helping making our subscribers richer
Ah yes, obviously. How did i miss that part.