Cyph3rp9nk on Nostr: Technical indicators and all that bullshit from traders is useless, what is useful is ...

Technical indicators and all that bullshit from traders is useless, what is useful is to understand Bitcoin and Bitcoin is a proxy for global liquidity, it was designed for it, it is a punishment to money printing.

The formula is summarized in:

- Increased liquidity = Increased Bitcoin price.
- Decrease in liquidity = Decrease in Bitcoin price.

There is another very important variable which is adoption, but in the short medium term the most important thing for price variations is liquidity.

I am sorry to tell you that there is no more.