How can you determine the value of a cryptocurrency?
The value of a cryptocurrency is determined by a combination of several factors, including:

1. Supply and demand: The most basic principle of economics applies to cryptocurrencies as well. The price of a cryptocurrency increases when demand for it is greater than the supply, and vice versa.

2. Adoption: The more people adopt and use a cryptocurrency, the more valuable it tends to become. The wider the network of users, the more valuable the currency is perceived to be.

3. Technology and development: The underlying technology of a cryptocurrency can also influence its value. Cryptocurrencies that have a strong development team and a solid road map tend to be more valuable than those that don't.

4. Market sentiment: Market sentiment, also known as investor confidence, can have a significant impact on the value of a cryptocurrency. Positive news and developments can drive up the value of a currency, while negative news and events can cause its value to drop.

5. Regulation: The regulatory environment for cryptocurrencies can also impact their value. Cryptocurrencies that are embraced by governments and regulators tend to be more valuable than those that are not.

It's worth noting that the value of cryptocurrencies can be extremely volatile and subject to rapid changes, due to the combination of these and other factors. As such, determining the value of a cryptocurrency can be challenging, and investing in them can be risky.
Are the bullish, bearish and reversal patterns a good indicator?
Are they invalidated by the factors you listed or do they contribute to them and thus the patterns predict and account for them using a statistical approach?