Has Lucif even once predicted the price to go up? All I see is down down down from him, even when it went up later. How serious can we take this analysis if the support holds at $120 and we start moving up again soon?

All this TA reminds me of voo doo and hocus pocus BS.

If you are here on the forum you ultimately are bullish on bitcoins unless you are working for the FED or other central bank.

No one person can predict crazy.  And I know some of those early coin holders are probably not all right in the head.

You don't have to be "crazy" to make the giant swing in price happen.  The market is so small that with a "not so big" investment one can do major things. Especially now when big money is starting to move towards bitcoin it is unpredictable what will happen. And the people that have ten's of thousands and up of coins ( early adopters) can do the same at a low cost. Maybe when we have millions trading world wide one will be able to use the TA more effectively.

In the fully general case, this is likely correct.

That is: Any fixed strategy to "control" or "manipulate" any market indefinitely will lose, on average, in the long term.

However: If this is the case, why does price manipulation need to be prohibited in mature markets?

I think we can find very good reasons to assume that manipulation events*,
(painting the tape, playing up volume, painting candles near hourly/daily close, decisively breaking resistances, and so on... )
can be very profitable, relative to risk, especially in an immature, unregulated market,
especially one with no intrinsic value, especially when trending sideways.

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*(Tactical, time-bounded, in pursuit of some definite objective, with a pre-determined failure/stop-loss criterion.)

+1

Triangle seems to be braking up
 

EDIT: maybe retesting Weekly BB

Stop it with the triangles already, if a method does fail multiple times it does not make sense to use it again till it works.