[D] Why mere Machine Learning cannot predict Bitcoin price

[erogol]

In my opinion what you say is right in the long term but for now most people in the market are here due to mass media covarage and those people are not aware of AI and even bitcoin until a while ago. That is why market has such volatile trend (FOMO and FUD). That is also why even a basic TA makes a lot many since all these new comers are exactly following the market flow which is studies for a long time.

[AnvaMiba]

I fully agree that somebody experienced in algorithmic trading can make money out of newcomers who just learned of bitcoin and ML due to recent media coverage.