Everyone wants to say "i told you so" when bitcoin eventually goes up. when that happen they can add it to their success being a financial advisor for investors. That would be a vindication on their part too. But I bet they are the ones who shall dump after they publicly speculate prices to rise. People are gullible when someone who is known says price will go up. Out of greed they will send a lot of money only to end up losing.
Yes, everyone likes to say how they were right but to be honest everyone is just guessing and they have 50% chances to be right. That is why I never rely on analysis, techical or any other. And don't forget that many are making such predictions with some purpose that is not always honest so the best option is to just stay out of it.
This is one reason why I thoroughly despised people that learned about Bitcoin in 2017 and commented about it in 2018. They all had the "I told you so" mentality about the price crashing. It's like, "hey guys, yes I knew the price was going to crash, I've been in this community for 5 years. This was expected." But yet everyone in my circle thought they were geniuses because they avoided the crash and didn't buy Bitcoin. Why weren't they listening to me when I told them to buy back when the price was a measly $400?
Sorry, rant over. IMO things are starting to turn bullish in my opinion. Not only for technical analysis but also for the growth of the fundamentals. Bitcoin tx fees are at a low that hasn't been seen since 2014, yet daily tx volume is growing and nearing 2017 levels. This is very bullish. The lightning network has been continuing to grow over the last year (nodes, capacity, and channels), and this too is very bullish. Metcalfe's law is a real thing. Now is the time to be buying, not selling. Trust me!
