DiscussionCan cryptocurrrency peice being predicted with Time Serie Models?

Hello!
I have a doubt.

I'm learning some time series models and it's very interesting. I saw some papers about time series and cryptocurrency. But i have some doubts about the predectibility of the market

What do you think?

I don't think it can be predicted in any traditional sense any more. It used to follow some certain patterns, however the world and market is entirely different now. We have a massive amount of retail investors who were never involved before, and a sharing of information that takes seconds to spread around the world, so attitudes can shift almost instantly and affect market sentiment/action. It's going to take some time and more larger events to occur before we'll have enough data to make new reliable prediction patterns in this field.

most people believe btc rainbow chart though