Recognize that

rounded swarm of red dildos on 1D chart?

Attached: image.png (1200x820, 1013K)

Lol

OP is unironically correct. last couple of months of this bear trend. 20k-50k by December. Way up will be much faster than the way down.

we will linger around 6k for months to come
no rush

Bottom 4821 on July 21th
New paradigm on September 6th

$850 you people are fucking delusional.

We are currently at denial. For fuck sake, just capitulate you faggots and let's get this over with. It's painful to watch.

SATOSHI NAKAMOTO

Nah man, we are at complacency. The whole multi-year bull was a bubble. We going back to $100.

We would be going only down but we did have the bounces pictured in the meme chart
.You are clearly in anger because according to your theory BTC would be going to -50k (yes, negative 50 000$)

This guy gets it

>We going back to $100.

simply will never happen, too many millionaires and billionaires in the world who would scoop up the entire order books

pic related could happen with the thin order books if someone hacked an exchange and artificially inflated their bitcoin balance in the internal database and market dumped. that is how this mt gox flash crash happened to bring BTC to 1 cent in an instant.

thats the only way it would go to $100, and it would immediately correct.

Attached: flash-crash.png (2000x1090, 488K)

Every Bitcoin crash was very emotional, people saying the same thing - this is the end, going to zero/ this time its different because this or that. This crash is just a correction, its actually super fast and if you analyze the wallst meme chart its literally identical because BTC has nothing else to follow. There was no real catalyst for a real crash.

>too many millionaires and billionaires in the world who would scoop up the entire order books
[citation needed that is not your ass]

>according to your theory BTC would be going to -50k (yes, negative 50 000$)
Can believe I finally meet the brainlet that multiplies with figures between 0 and 1 and gets negative numbers.

>only way it would go to $100, and it would immediately correct
Hope is crushed one bit at a time.

You all just proved my point, complacency it is.

when blue candles

BTC is 70% down from the top. If 70% down from the top is complacency then the bottom is 320% from the top. Go be a brainlet somewhere else.

in your wet dreams fag we will visit 5-6k range that will be the mean at this dip.

-50% from -70% is only -85%

I fail to understand your logic. How is that a relative argument?

Attached: wallst_satoshi1010101011.jpg (768x624, 163K)

If the picture represents 100% of a static distance, then complacency is clearly around 20%. That makes BTC going from 20K to 16K.

20k>6k=-70%
20k>2k=-90%
6k>2k=-66%

It's possible we still see big dips from this point

If BTC going from 20K to 6K was a 20% move on the 100% static distance image then the bottom is negative 320% = negative 50k

>1 btc is STILL. FUCKING. WORTH. OVER. $5000.

Late fags being delusional.. typical market turn signal.

Attached: a9ce29843aab55f1acbb2bd7d8be59e7.jpg (1920x1080, 496K)

I still dont understand the logic behind your first argument and how is that relative to the BTC following the wallstreet meme chart to the very detail.