/biz/ - Business & Finance

>>4933622
>even if

It is, its been consistently show to be no better than a coinflip every time someone bothered to study it. Any success people who use it might have is likely from other factors, like experience granting them a degree of resistance to emotional volatility, which is the thing that REALLY influences markets.

>BtC is overvalued

It is, ridiculously so. That's not to say it won't go up for a while yet, though. Because people are retards, and believing in the magic of TA is just one facet of that.