Judge for yourself--is this spike just a repeating algorithmic pattern playing out?
TA
Jeremiah Lewis
Nicholas Wright
This is the start of the bull market.
Aaron Miller
No it’s really not two week relief rally at most screen cap this
Joseph Perry
Possibly, but the double bottom this time around is more convincing, someone actually seems to be defending ~5750. Daily chart looks like we could be rounding off bottom for a similar move to the run to $10k, with a lower high this time around.
Connor Jackson
It's a coordinated pump by the exchanges.
Hunter Martinez
Pump to 7.5k-8k and then back down. Calling it rn
Zachary Ramirez
>rally
It's just an ultra-low RSI+short squeeze event. It'll Bart back down in the next day or two.
Dominic Baker
3 repetitions of the same pattern then a new cycle begins.
Jaxon Martin
Well, no.
Jaxon Harris
it's either coordinated or some bot chain-reaction (possibly a combination of both, a coordinated pump firing up a bot reaction which pumps further), that's how it seems to me
Henry Myers
it always barts these days, just wait for the coming uberbart.
Hudson Reyes
Who knows, really. The last cycle had 4 increasing in size repetitions before the pattern augmented. Maybe only 2 reps for this cycle.
Carson Howard
That 30 year old boomer who tries to rationalise price movements by dreaming up patterns
Blake Scott
That 40 year old basement dweller who tries to rationalize social interactions by shit posting its life away
Jack Martin
This baby is gonna keep on rockin upwards for a bit
Carter Hall
God, you guys have no fucking clue with your predictions, flipping a penny would have a better success rate.
Logan Moore
>I sold low so now I want to re-enter mommy!
>once ME buy then bitkoin will go 100k haha!
Luke Johnson
Huh. So when someone figures out the math and patterns that dictate the algorithms that these crypto casino computers operate, all of a sudden this person gets blasted? Typical. I get it, you don't want someone to tell everyone else how to make money in this game, right? Makes sense, I should keep my mouth shut. Gracias amigo
Adrian Reyes
>math and patterns
do yourself a favor and quit TA before you spend the next 2 years in your room chasing a pipe dream
Luis Fisher
Sure, pal. Because fractals don't exist and have no meaning whatsoever. They're only codex to decipher the universe.
Lucas Scott
what you tell yourself
>using math, patterns and laws of the universe to determine cryptocurrency price movements
reality
>looking at a chart for 30 minutes and spot some things that look vaguely alike from an infinite set of things that look alike depending on what scale you zoom out to
there are too many variables, give up
Cooper Gonzalez
That'd fit the Wyckoff pattern perfectly. I hope you're correct.
Noah Ross
This is not the start of the bull market, we need to reach 3.5-4 k before that. But who knows, maybe a small bull trend in the coming weeks before we go there, but somehow I think bears might use this weekend to bring it to new lows.
Gabriel Brooks
No its dont. You don't disregard the patterns before the first "fractals" you drawn,
Kevin Watson
Same as alweays, desperate attempt by market manipulation (pulling of sells) to create buzz and bring back liquidity, and it fails every time
Landon Kelly
That chart reminds me of my great grand pappy's magnificent donkey schlong of yore. Oh, the cherished memories with him.
Zachary Myers
this pump was significantly stronger than any previous pumps, and it had alot of volume behind it
it cant go down forever
Leo Martinez
This is the reversal. You can buy now or at 9k.
Chase Gray
>no its dont
Taking advice from this guy....
Owen Morales
checked. suck it bears, it's bull season