With all of the Technical Analysis going on out there we should be asking the question, why is it important?

I can not speak for the Stock Market, but when it comes to Crypto, TA is a self fulfilling prophecy! What do I mean by that? Well while the crypto space for the better part of its life has been populated by tech people and computer wizards, now it is being frequented by finance people. Why is this significant? Well the tech people made their investments based on the best technical Crypto assets, but based on what a chart says about it. So for the longest time people would research what product was superior and the leaders would be based on people betting on which project had better aspirations, who had a team capable of keeping those aspirations and how their product was being adopted. However, now that the fiance people are in, and with them the big money of not only them but their clients. This information is important because unlike the way things have been we now have the game being played, not by who is best but by what charts look best. So regardless of how good the product is, what team is implementing it and who has adopted it, if the charts showed a bullish signal, the finance people bough, if the signal was bearish, they sold, and because they are playing will a stacked deck their plays run the board. So to put this plainly, hypothetically lets say Cardano just released its main net, is being traded on a new exchange and just released a master node, but VeChain's chart showed a double bottom with a bull flag, while all the techies are jumping on Cardano, the finance people are jumping on VeChain because the Technical Analysis, and since the finance people have the money to make things happen the technical analysis more likely then not will follow.
Why is this all important? Well with the approaching Death Cross, whether or not the techies still want to buy Bitcoin, all of the finance people will likely pull out of Bitcoin and Crypto if this Death Cross is realized. And folks we are getting super close, as a hedge, I took out some money in case it crashes so I can buy the dip.

I am not a financial advisor and this is not financial advice, invest at your own risk.