Calling bottom @current price ± 5%
We are gonna make it frens
Just draw another line, slightly below that one. Maybe change the trajectory of it slightly.
it will blast off from the bottom right
r-right?
Since there was a failed breakout before, whats to say there wont be a failed breakdown now?
bc we hit the bottom of his meme line
Here you go buddy
I dont know, probably.
What do you think?
there was a bear market?
-t. chainlink holder
>Since the trajectory hasnt broken this pattern in eight years, why should it now?
Grats to you buddy, you did good =)
You tards are still in denial about what happened. The real capitulation is about to occur and when it does I will celebrate and piss on your graves.
Do tell, what happened?
Draw the line of support from late 2011 to early 2013 and extend it to the 2015 bear market... Did it hold?
>inb4 "but mt gox crash caused it hurr durr"
Take a look at what's happening with the crypto space right now. We're in for the exact same type of bloodbath in fact even worst.
>Tether about to implode
>BCH hash war with CSW's threats
>If ABC gets 51% attacked everyone will question crypto's supposed "decentralisation" and security.
>Volume and interest died off. People have literally forgotten about this shit.
>Stock market about to crash.
>Bakkt will either be delayed - meaning more dumping OR... will actually start trading, but due to the above, institutions are just going to short it.
6K is way more likely not to hold than it is to be the bottom dude. Take this as valuable advice, no one gives this sort of shit here.
well btc went down a couple % and that means $3k is coming :^)
if the price can go above the line, why can't it go below? 4K is coming whether you like it or not user
Oh shit
memelines completely btfo'd
Thanks just sold 100k
bro wtf delete this
Why would a smaller timeframe present better results? It is like suggesting that a smaller dataset
would be better than a larger one.
Tether will probably not implode, they have been audited repeatedly and came out clean however I believe the current btc pricespread caused by tether is a problem that needs to be adressed before the next upward cycle. It is very possible the spread is artificial for this exact reason.
Normans have no idea about turfwars within crypto.
I am starting to hear normans talk about crypto again, some of my friends/acquaintances have even asked me questions.
Bakkt will not have shorting activated at release (or so i read).
>I am starting to hear normans talk about crypto again, some of my friends/acquaintances have even asked me questions.
why do retards think this is bullish? normans only started talking about crypto in december 2017 and then we did a final 100% pump and proceeded to dump straight after. before that, there was zero normie attention and we mooned from $200 -> $10k. literally 50x...
Trying to be realistic so didnt draw the topline as you are suggesting.
Here you go :)
They've never actually done a proper legal audit. Only half assed ones.
As for the hash war, it's not about normans knowing about it because why would they care anyway?
You gotta think about the actual hodlers - us people. How are people in crypto, who are heavily invested, going to react when they realise that blockchains aren't as decentralised and secure as we have always believed to be.
I know some selectable pension-funds contain small amounts of cryptofutures (atleast in Sweden). It is very relevant, this is the real institutional money (also better than regular money since it cant be withdrawn as easily)
Its just a part of the evolution of the tech imho, there are real decentralised options for those who choose and other flavours for other people.
Have you concidered that countries under sanctions (Iran, Russia, Venezuela, NK) will use crypto for overcoming hindered financial transactions?
Crypto as currency/store of value is actually the simplest application. I want my DNA tokenised and protected.
Lines are weak, chads use pitchforks. We are at the bottom of the long-term pitchfork (yellow) and the median of the new one (blue). We could easily invalidate yellow but we are clearly at an inflection point. With volume and volatility being very low, I'm betting on a trap in either direction to unlock the liquidity needed for whales to make their move. If it pumps, get ready to sell; if it dumps, better have some dry powder on deck. Stars are anchor points for the respective pitchforks
>heavily invested
>in crypto
My ass hurts in sympathy
Its very pretty
Roll
Yes of course I have. Crypto is undeniably the future but I think everything that is about to happen is all a huge set up for the smart money to be coming in. It's all unfolding conveniently at the same time. The crypto media and youtubers have been misdirecting their audience with EOY bull runs "happening every year", Bakkt, Institutional money, ETFs, Lightning Network & Halvening etc. They have been doing this all fucking year, giving different reasons for false hope every time. I believe insiders have been planning this all year to keep as many suckers in for the very end. Now they have many bearish events all set in place at the same time which no one is paying attention to right now. The more people who HODL'ed all of 2018 and are soon to capitulate means cheaper prices for the institutions and insiders.
I'm not trying to be a tinfoil hat faggot, it's just a feasible theory. Everyone likes to point fingers and complain about market manipulation yet they don't think deep enough into the bigger picture here.
>someone is sure to buy my beanie baby collection if I just hold on long enough
Roll
This market is obviously manipulated (check who walls act over at Bitmex, it takes only 20MM USD to push the market in either direction but whales are running out of sellers).
Roll again
>it will go up forever
90 years?
rolliollio
>Inb4 Linkies be claiming that is their chart from the future?
rolling
Uhh, what about this?
A lot of this is mainly owing to inflation though
This board is so fucking garbage now, fuck crypto(((currency)))
Yeah, keep moving those lines.
That's exacly how it works, you create your own reality, everything else is a lie
You seem like a smart user. Tell me more, what's your timelines for everything happening?
>Tether about to implode
We have been hearing this since last year and nothing has happened, in fact tether are actually burning tether and reducing their supply.
Also there are so many stable coins that even in the event it does implode it wouldn't be as catastrophic if it happened in 2017. See tUSD, USDC from Coinbase, GUSD from gemini and DAI.