03:01
Polish encryption analyst apologizes for failing to predict Bitcoin's "Santa Rally" market.
Robert Ruszała, a well-known Polish market analyst known as "El Profesor," publicly apologized, admitting that his Bitcoin prediction plan was incorrect, and released a detailed analytical report explaining the reasons for his prediction failure.
He initially released a forecast report titled "The Plan," which depicted a Bitcoin upward trajectory based on market fractals, the 50-week moving average, and the seasonal fluctuations commonly referred to as the "Santa Rally." According to his model, Bitcoin is expected to maintain an upward trend and provide long opportunities at specific technical levels.
However, the market negated this prediction in just three weeks. Bitcoin fell below a key area, completely overturning the previous upward structure.
BTC-1.66%

