Finally Got why btc dont follow indicators
BtcUSD are diverging from RSI and MACD for too long, making the shorters like me get crazy, becouse still rising price... And everytime seems to fall, grows more!
I started to watch and think about how such great divergence can be wrong.
How many analyssists that share ideas here can be all wrong.
After many years loosing money on short and long btc i get it.
The reason are, we can't analyze the pair BTCUSD, the market of cripto is so huge and 24 hours thats make indicators never work.
Lets see what happened this week: Even btc diverging so much on RSI and MACD (D, 4h, 1h) the price pumped... Why so, the others criptos fall most part of time?
Is becouse the marketcap shows that btc raise 8% of dominance.
This means BTCUSD show us fall soon, people sell the altcoins and buy btcs to protect themselves, many buys, make price rise along with the search for BTC.
This means, we can't analyze BTCUSD, the altcoin market don't let us and there is no charts with so many variables, so many possibilities.
We could use some new kind of Graph, perhaps an new that show the hole market with respective % of participation. Don't know, that i let to the mathematicans head.
(Sorry any write mistakes, my english is not very well)
I started to watch and think about how such great divergence can be wrong.
How many analyssists that share ideas here can be all wrong.
After many years loosing money on short and long btc i get it.
The reason are, we can't analyze the pair BTCUSD, the market of cripto is so huge and 24 hours thats make indicators never work.
Lets see what happened this week: Even btc diverging so much on RSI and MACD (D, 4h, 1h) the price pumped... Why so, the others criptos fall most part of time?
Is becouse the marketcap shows that btc raise 8% of dominance.
This means BTCUSD show us fall soon, people sell the altcoins and buy btcs to protect themselves, many buys, make price rise along with the search for BTC.
This means, we can't analyze BTCUSD, the altcoin market don't let us and there is no charts with so many variables, so many possibilities.
We could use some new kind of Graph, perhaps an new that show the hole market with respective % of participation. Don't know, that i let to the mathematicans head.
(Sorry any write mistakes, my english is not very well)
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