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RE: Bitcoin Price Alert

in #bitcoin8 years ago (edited)

I would challenge you to beat any Back testing model, With the RSI.

The RSI is completely based off PAST TRADE data. And the efficent market hypothosis says that all available data is already priced in. I dont believe in TA at all, And while I have to Agree the RSI is correct more often then the rest of the TA tools..... Its still just a window treatment for the chart...

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Does this prove the accuracy of indicators used at the time?
Charts Date is from the 18th to the 25th July.
Time of posting price $2162 to current $2767