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Another reason I dislike this algorithmic push is that the screen is full of cowards. $BTC drops 2% and they start to bearish out, sideways consolidation and it's all gloom and doom. Truly outrageous.
Want to express a bearish view? Then do it before the decline, don't wait until the red candle appears to realize it. Confident analysts should make judgments before the market confirms, rather than following the trend.
It's laughable that this kind of follow-the-trend analysis is the easiest way to deceive retail investors. What the market needs are forward-looking perspectives, not after-the-fact armchair generals' narratives.