Everything has been pointing to 4600-4800 since literally Jan/Feb. They even fucking said flat out "this marks the end of the accumulation phase". You know banks run markets but don't listen to them when they talk?
JP Morgan
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I will start listening now.
seems reasonable, but I doubt it hit the target.
between 5100 and 4900 seems more plausible
2-3k if we're lucky
200-300 if the last 3 years was the biggest manipulated ponzi of our age(highly likely)
I think it will hit in a long panic sell but jump straight back up to closer to 5k
b-but JP Morgan said bitcoin was a fraud
JP Morgan is Satan's company destroying the gentiles on Earth
no guys, remember? TA is bullshit, right?
it is bs. for every one retard right in his TA there's a thousand more that are wrong.
This is true with most things since the average person is retarded.
as an actual analyst at a jew bank
99% of these
>morgan stanley/goldman sachs/jp morgan trader xyz thinks asset A is going to level B because of these reasons
is complete bullshit
This is a short excerpt from a 70-page report issued to a private client.
people are dumb enough to argue the merits of TA and not the idea that there is no fucking universe where JP fucking Morgan would give out inside information about any product or security they're actively trading.
It's a fucking advertisement you dipshits.
the normiest normie exchanges I know are pretty unimpressed, the panic all happened in February, this smells all like a measured move down to accumulate.
does it matter who wrote it? Every noob voodoo mage could read this from the chart
Its a leaked document dumbfuck it wasn't from an article or interview
>It's a fucking advertisement you dipshits.
notice how it came out after the fact. and it's not an ad for JPM btw.
Yeah, just like giving Lehman brothers AAA+ rating just days prior to declaration of bankruptcy.
>buy my bags sir please good investment very strong dear sir please
the same can be said about the "holocaust".
after what fact dipshit its from february and 4600 hasn't happened yet
SO WHAT IS SUPPOSED TO HAPPEN AFTERWARDS????
I know a guy who worked at JP's London office he said literally everyone who works there has crypto and they focus more on that with their own money rather than going through the firm as it requires a bunch of bureaucratic bullshit to build a book through them. He confirmed for me that yes they did also buy up big after Dimon came out and slandered it back at the 3k backtest. I think what they are trying is similar to what goldman attempted, they have one analyst who makes these calls then they move the market to make the calls correct or better yet leak it/make it public to make the retail traders make the call correct. If you take a deeper look at the analysis its no different than your standard basic TA and if it has any reference to EWs its not legit nobody takes them seriously in the traditional space because EWs are never wrong lmao.
if we compare directly and subscribe to the notion that we are going through similar boom/bust cycles but in shorter timeframes, we may be in for the start of a boom cycle in july/august.
where'd you get this?
>wave 2 wave 2 wave 2 wave 2 wave 2 wave 2
Means we're going to get super fucking rich.
same twitter
yes, that they're calling this a Wave II is insanely bullish
>is insanely bullish
just kys. people like you are the reason we are dumping. why cant you just give up and sell you delusional faggot.
do you know what a wave 3 is?
They did this same shit with MU stock a few weeks ago. Retards are still falling for this shit
so who has a link to the leaked doc?
let's stop fucking about
i don't know about your price projections lol but yeah. wave 3 is always greater in magnitude than 1
Keep dreaming
I want to believe. I really do....But how can I trust you?
You can't. But.. I can show you things?
youtube.com
If ten thousand monkeys try to predict the price of a stock a few of them will be lucky and get it right.
Btw. don't fall for the "soon it won't be practical for miners" meme anymore
Picrelated
oi 1750 is a steep bottom
Boom Shaka Laka
indeed. but they aren't expecting it to reach mining cost parity or anything, it was just purely a mining cost analysis.
It's over.
I guess the miners also have savings by now.
Except that's the opposite of what's happening. The price has been falling for a year but mining cost keeps going up.
>JPM using meme wave theory
kek, they actually have to make money to keep themselves in business
As long as we have strong hands at 5k it's fine. Because we'll probably get rejected on the first attempt at 6k after falling (if we fall) and then it's the same shit.
>people studying markets for decades don't know what they are doing
kys
also this
If we spread this image everywhere then everyone will either sell or expect it and it simply wont happen. Same
With the 6th if the month meme.
Perhaps this is why it was “leaked”.
Way to optimistic we are going to 1K.
i remember reading back when it came out
Meme wave theory is a meme tho
Who on earth is selling at $1200
Literally who
Ur a dum dum