Unironically $8315
You don't need TA to understand we're in a massive reverse bart
Unironically $8315
You don't need TA to understand we're in a massive reverse bart
Theres no reason for that too happen
ok show your buy order
>can't make new highs
>keeps testing old lows
open your eyes and stop being biases. it is a typical bubble graph and will be going down even more
except that the market is trading in a range and that's the next target?
its already found its bottom user
No it hasn't. There's atleast 25% more room to drop
You can see from your chart the bounces have been getting weaker every time, why would it be different now?
hello op where are you
I don't gay-trade sorry. I HODL
Why would it bounce? Op is a faggot. I mean it might. But Ta would suggest it won't
MUH MEME LINES
because the market is an oscillating system idiot
It's at the bottom of its oscillatory cycle it's so obvious a child can see it but you can't through your tedious linearly projections
This is even worse than muh triangles.
watch and learn sucker
Dumbasses like you have been calling for a reversal since February when all it does is keep dropping. It is following the exact same pattern all the other crypto bubbles have.
I'm sure the internet bubble boys drew similar charts
>muh bubble
>muh linear projections
Look around you brainlet
Where are you going to put your money??
The stockmarket bubble?
The housing bubble?
Fiat currency bubble?
Gold bubble?
Bubbles have blown up everywhere in the world due to cheap credit. Cryptocurrency is unironically the only honest accounting system in the world. Go ahead short the next big thing, lose everything.
Less than 2% of investors have ever held a cryptocurrency position.
LESS
THAN
2%
Has nowhere to go but up
yup
and everybody of them is in massive profit right now
Holy fuck you're right, we could be drawing a MASSIVE bart since december with target bart spike on the first months of 2019.
It's all a bart fractal, even on the highest level.
The bottom is in. We already know it is not possible to go below 5800 because of futures
And it's not dropping, which makes it look less and less like a typical bubble graph.
ALL ABOARD
Thats a meme
UP UP UP
> keeps making lower highs
> lows getting lower
Yeah...I'm gonna go ahead and say we're back. Bull run confirmed
lower highs at a diminishing rate
lower lows at a diminishing rate
>what is momentum
>how do cyclical markets work
the answers to these questions and more are at the end of the short rope
BASED BLACK MAN
kek is this your fucking ta?
>muh meme lines
Get ready people, srsly.
This is the bottom.
Seeya all at $1k
stfu you are the bottom
that'll be your net worth when your shorts get liquidated pajeet
rocket is mouldy
This lad is most definitely going to make it.
TODAYS THE DAY BOIS
This is happening
Screenshot this thread because this is the best TA you’ve seen all year
where do you see above 8000$?
with every pump and dump cycle it goes lower
Its acummilating its going to do so for a long time. then it will start a new cycle(hopefully)
Spastic memelines dot com
so it's going to converge to 0?
no
it's going to stabilise so that you can start using BTC as a money and not "investment"
Holy fuck I hope so user
bemp eit
Wrong
I hope your shorts are 100x leverage and you get liquidated hard
Ah the classic reverse Bart how could all these multi million Dollar hedge funds been so blind it was there the whole time
good question user
clearly they don't watch the simpsons
>not possible
Based on what evidence? None , I know.
That has held true for almost 9 months.
it's gonna slowly go up til etf gets delayed or rejected in september then everyone will be like WHY IS THIS HAPPENING when it's really quite predictable
I think the price will then rise again as we get closer to Bakkt launching
...
Will hit sub 5k within 2 months
You can shitpost all you want, no one is buying your bags
my bags aren't for sale :D
I'm just watching the shorts get rekt and lose everything lmao
enjoy!
Yeah, it's going up because faith can defeat logic, fundamental analysis and technical analysis at the same time.
fundamentals have improved 2x since last year
pempet
Looks like I fuggen called it lmao
psssh hardly it's just winding up
YAHOO 1 MILLION BY 2010 GET IN NOW
AOL IS THE ONLY ALT STOCK YOU NEED 10K BY EOY
ONLY 10% OF THE WORLD HAS EMAIL NORMIES WILL USE YAHOO OR AOL BEFORE ANYTHING ELSE
you meant to say its consolidating
Barted again, we're going to $0.
Put a 1 and three 0’s in front of that 0
>I don't gay-trade sorry. I HODL
have fun losing all of your money and never dollar cost averaging
>down to 6K
>up to 11.5k
>down to 6K
>up to 10K
>down to 6K
>up to 8.5K
>down to 6K
guess what's next?
up to 7K
down to 6K
and then the pattern can no longer sustain BTC over $6K and so BTC crashes.
Hodling since 2011 I’m chill senpai
When it squeezes it breaks up not down idiot
>obvious
this, ~5k september, the real Bottom
>the pattern determines the price and not the opposite
That's some high level gestalt autistic voodoo
IF U WANT HIM TO LOSE MORE MONEY HE'D NEED LESS LEVERAGE TURD
you deserve to stay poor. we're going to 3k and wont see new ath until summer 2019
is this the biggest sell volume in history?
Yeah, I'm starting to believe this meme too.
dumb ass that chart wont hold
>BTC has tested this floor 4 times already
>the ceiling is lowering more and more
>He thinks it's the bottom
the crash wasn't supposed to stop at $6K for a full correction but many people thought it was over and that we were back to exponential growth but that's just another bubble and so naturally it popped and after each bubble popped the ceiling went lower and lower as more people realized the truth that BTC isn't some magic infinite money machine until enough people realize this that they realize that $5750 isn't the bottom that we finally punch through the floor for a full correction.
the market determines the price, the market = group psychology, the pattern influences and is representative of group psychology, group psychology influences group psychology or rather its influence carries momentum that follows a trend, the market determines the pattern which carries the momentum to in part determine the market creating a cyclical flow of booms and busts, bulls and bears. John Maynard Keynes would call these "the animal spirits" but as we know in the 21st century it's quite simply the patterns of human emotion in response to general stimuli and I'm an expert in human behavior.
It will probably go even lower, I'm not going to tell you how low I think it'll go because you have no reason to believe me but I will tell you this friendly advice
If you buy at $5K and it goes lower, don't sell at a loss. BTC will be back over $6K (and this time for sure) within 1 year easily. When the crash is over we're back in the bull market as it normally goes.
What if i told u we now drift sideaways and a little down for two years...