No bounce in sight...

No bounce in sight. We're about to invalidate the "hard support" at $5800-$6000 established during the strong bounce back in February. If that happens there is no end in sight to how low this will go.

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We'll bounce at 5200-5400.

What’s the six-month low?

we are fucked

it violently bounced off 5900. we're safe

Humans and even machines look for nice numbers, anything else is non sense.

5k, 1k. Those are the next supports.

"Violently"? Niggah please. It was a tepid response, at best. Volume is in the fucking toilet. Most of it was probably desperate no-lambos like you who think you're accumulating.

Bitcoin will never recover if it hits $1k again. Nobody will buy if they know it can drop, and historically has dropped, 95%+ in 6-12 months.

oh fuck! were below 5900 , sound the alarms!

It could recover depending on new developments. It will take years though, we are not even close to have a real cryptocurrency, let alone a functional real life usable smart contract.

We are just not there and the price MUST reflect that.

Been in since $339 and will go down with the ship if necessary. Iron hands lads. We will survive this storm.

5879 on GDAX

Realistically what average person is going to put their money in something that dropped so much though?

Ppl trying to preview this market.. if u take a look at prints from years ago you'll see how retarded they were
Like in the past year, everyone saying it would hit "10k eoy" and It breaks through
Haa, all those pink wojaks threads "if i only had hodl, i would be rich by now"
Remember, this sht always surprise us

Insider news, institutions want to agree on a lower bottom before buying in. This bottom is now 4.8k for now.

I mean, I'll buy lol.

Bottom is 5k. September at the latest. Then moon to new ATH. Screencap this.

Go down with then, dumbass.

show me your +20x leverage short

strong support is 4.5 k

>Remember, this sht always surprise us
THIS. REAL NIGGA RIGHT HERE.

And 5.8k is broken. 3k here we come

I can't believe I got caught up in the hype and put all my savings into crypto.

Fool me once, shame on you, fool me twice, can't fool me again.

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July 6 bouncing over 10k, probably see a flash crash to 4k as reversal after bouncing around 5-6k for a week

Based on what? I hope you're right, but for btc to 2x in 2 weeks would require a catalyst.

yeah the catalyst is going sub 5k for an easy 2x then cash out and wait for the bottom

Sounds comfy

you will know that we have reached the bottom when we have stabilized around some level with very low volatiltiy for a few months.

right now, with daily drops of 10% we are nowhere close to that bottom.
expecting it to be in the region of of 4500 maybe.

5.4k or 3k?

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Woops wrong chart RIP. 5.4k or 3k?

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