$PI In theory, gold and Bitcoin are all nonsense; it's just the big players wanting the price to go up, so it goes up, and wanting it to go down, so it goes down. Nonsense is the same way. Whether it rises or falls doesn't depend on technical analysis, nor on the consensus of the common people. It all depends on whether there is capital willing to play with this nonsense on a given day. If no one is playing, it will always be just nonsense, worth only a few cents each.