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RE: Bitcoin (BTC) Evening Update: Bearish Flag & a,b,c,d,e point to $6,600
Interesting how the cancellation of the HF has had very little impact on the btc price (ignore the initial spike and drop). We are pretty much back where we started.
This time it looks hajein TA was not correct.
News don't drive the price. Sentiment does. News is a reflection of sentiment just like price.
To say news drives price is like saying a dime is greater than ten pennies. A Technical Analyst sees this as Non-Sense.
this is really fascinating. i wonder why this is so... perhaps it does measure things well beyond people's perception.
Read my blog on the basis of Technical analysis
https://steemit.com/bitcoin/@haejin/essay-what-is-technical-analysis