Bitcoin hits $28k as uncertainty surrounds banks

Re:Bitcoin hits $28k as uncertainty surrounds banks by super256 on Wednesday March 22, 2023 @03:28PM (#35265989)

It certainly works for many traders who consistently outperform the market by trading stuff like FX and Crypto. TA and trading price action can also be a tool to limit risk.

Btw, selling plans of executives often involve very trivial algorithms, such as "sell when price above VWAP till price reaches <some lower bound> for 30 days or 20.000 shares sold". (Some brokerages will try to create additional liquidity in the meantime, depending on what you want and how much your security is traded).

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Re:Bitcoin hits $28k as uncertainty surrounds banks by Yizahi on Friday March 24, 2023 @09:27AM (#35288758)

Correlation doesn't mean causation. Hamsters and octopuses have outperformed hedge funds in experiments. You can outperform the market by throwing a coin to make decisions. TA has zero scientific basis and there are no proofs for any analysis TA people make.

[ Parent | on HN ]