Everyone knows that we can learn from the past to correct mistakes.
As a result, many economists attempt to predict the future through history.

We also have a known fact from the past.
The "Bitcoin halving" is correlated with price increases.

I'd like to pose a new question here.
What are your thoughts on using past charts(candlesticks) that similar current ongoing charts(candlesticks) to make price predictions?

When asked this question to many professors and investors, a common response is, "Candlesticks reflect the psychology of investors."

What are your thoughts on this matter?

[News article]
"Shanghai Court Recognizes BTC as Digital Currency"
Shanghai court recognizes Bitcoin as digital currency, citing its uniqueness and potential for ownership disputes.

[Open question]
China is a socialist country. I don't quite understand the recognition of Bitcoin.
Indeed, we should engage in an extended thought process to understand why China has chosen to recognize it.

To find candidate similar charts, we have to use AI which calculate similarity degree between two charts.

Of course, it's possible. I have been achieving an annual return of over 60% through my metrics for the past 5 years.

We must use metrics for the following reasons:
1. Data doesn't lie.
2. Forgetting the past will lead to disgrace.
3. Data is necessary for managing risks.

Do you agree that sentiment is embedded in charts?

What criteria do you use when buying and selling? Let's share some tips and expertise.


For me, the three most significant factors are as follows:
1. Bitcoin halving.
2. A decrease in currency value due to economic downturns.
3. Sustained participation and growth of investors.


Therefore, I make a continuous effort to stay updated with all the news to track numbers 2 and 3 consistently.

We should avoid impulsive buying and selling.

To manage your buying and selling risks objectively, you should utilize objective indicators.

I've created a solution for this, where I look for similar historical charts.

Having something objective is crucial for us to make informed trading decisions.
This allows us to effectively manage risks and enhance our trading strategies.

We have compared the current Bitcoin 1-day chart with past data(NASDAQ) and found similar patterns. You can use this as a valuable reference for investment.
https://heartbitintro.oopy.io/

BTC Price Statistical Analysis.
-deleted url-