I was bullish up until the last 32000 points lower You ? The only technical I use for Crypto is the count of how close we were to the last sucker. Clearly we got there. 2 trillion ago .
Technicals, and past charts, replicating themselves for you to print money. Yea, sure...if trading were that easy there would be people splurging excessively on luxury goods...because they have found a magical ATM machine that gave them the golden touch. Looking at technicals, and past charts, are fantasy land in trading. That's like saying if Mike Tyson defeated Evander Holyfield once...it will happen again, and again...always. A sure thing, a sure bet.
I called more or less the exact price action in Bitcoin like 6 months ago. Tonight I am up ~5Gs using just technicals. If they don't work, I don't want to find out.
I just figured Bitcoin is worthless, and waited for the market to figure it out. That being said, I haven't traded it much.