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RE: Interview with High Altitude Investing - Bitcoin to $50,000 by End of 2018

in #cryptocurrency6 years ago

While I can appreciate the success achieved so far following TA vs fundamental, it is more due to the inefficiencies in the market for these assets thus far. Since there is still little adoption, using traditional valuation processes deems fundamental analysis less powerful at this time. However, markets become more efficient as they mature which would impact the influence of TA over time. Also, as usual, TA is very specialized as one chart could get different analysis from different analysts.