it is not like that,
but instead they are trading with emotions and do not care about chart or something like that.
whenever Bitcoin price hit new ATH people will say something like that.
do you remember when Bitcoin hit $1 back then ? nobody give a shit about the chart.
they keep screaming it will goes down deep and crash.
or they are screaming for their own sake.when the weak hands triggered by them many people will start selling their belongings and the fudder will take the chance to get it in.
so it's not like they're measure it using a liner,vertical,horizontal or else but instead they're using their emotions to trade it.
that is why we will see something like this happen in the near future
Your post is more constructive than the first post. We can't use logaritmic chart for the prediction of bitcoin's future price. It's overrated clearly. Chart are actually not important at all, the important thing is that the buy/sell behaviour of the people. This makes a rally or crash for bitcoin.
