BitcoinÉducation
Dow Theory still applies to crypto
Just thought I would post an observation about the performance of Bitcoin.
For the technical analysts among us, this is proof that Dow Theory doesn't just apply to stocks.
Charles Dow published some observations over a hundred years ago that linked human behaviour and financial markets.
The recent surge and subsequent fall in Bitcoins value clearly shows the cyclic human behaviour of markets and how rampant speculation of greed, ego and hope turns to fear and panic, returning price to previous levels of support.
For the technical analysts among us, this is proof that Dow Theory doesn't just apply to stocks.
Charles Dow published some observations over a hundred years ago that linked human behaviour and financial markets.
The recent surge and subsequent fall in Bitcoins value clearly shows the cyclic human behaviour of markets and how rampant speculation of greed, ego and hope turns to fear and panic, returning price to previous levels of support.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.