If we look back through history, we can see that BTC made a high in April of 2013. That high was then surpassed into November of 2013, then price fell back down, eventually testing the April 2013 high as support (pink trendline ) for an extended period of time, into October of 2015. Since then, BTC has made new all time highs, but it has never returned to test the November 2013 high (blue trendline ) for support, the way it did for the April 2013 high. So, I think there is a technical likelihood, that we could be in the process of doing that at this very moment. In other words, BTC could be headed to test the $1163 level for support, and that may be where we finally find a floor in this bear market, should the November '13 high hold support the way the April '13 high did. That means that we could witness another 70% decline, before the crypto market finds a floor.
The Bottom is $1163
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nah
you are correct
Stinky LINKIES
link $1000 eoy tho
Link 0.1c eoy
What's the timeline here? 24 hours? 48 hours? Next week/month/year? I NEED TO KNOW!!!!
Also, what happens to BSV?
> thank you based TA bear
A 95.2% retracement? Nice, then we'll see who really has faith and who needed just a little more pain to capitulate.
BTC is doomed:
lmfao no
technical analysis does not work for crypto
the whole concept of drawing squiggly lines on a log chart to predict anything is one of the best things to ever come out of crypto
...
>A monthly closing below 2950 will confirm the long-term trend is turning down. A year-end closing below 4150 will point to a drop back to 775 area.
thoughts?
>armstrongeconomics.com
Might b
3144 (wick to 2950)
200 weekly ma + 1.618 fib retrace
that the same talk like last year to the fucking date
BITCOIN TO 200k , moon , we goona do 500k , milion hodl
> insta dump
now in the mid bear market
BTC deeeed SV tru bitconeeect , it is oveeers aaaaAAAaaaaaaaaA pfpffppftppf
it is goint to 2k no 1k no no no 500 AAAAAAAaaaaaaasAAAAAAA
fuck offff
>magicpoopcannon
*sips* yup, rather than sell my BTC at $6k or $4k I’m gonna wait until $1163.
This is from MagicPoopCannon who has been pretty spot on so far.
Check out this prediction from him.
tradingview.com
I prefer this prediction
you clearly have no idea how well it works.
nope a 61.80% retracement
Segwit will kill BTC
Satoshi craig wright warned us about this.
This is the reason why Bitcoin SV exist
This is the reason why Satoshi is gonna reveal himself in 28 days.
You might want to refresh your knowledge of basic math.
just a few meme-lines, no real T.A to back it up
This. Bearfsgs are just as deluded with their price predictions and only post projections they wish would happen
you're new to crypto, let me guess december 2017?
We had a 2 year long bullrun before Bitcoin peaked on Jan 2018.
50% correction would be somewhere around 2k
That is fair since majority of us bought around $250-300
You might want to measure the start of the trend
November 2015 till the end of the trend Jan 2018.
A 50% retrace would be around 2k
The oldfags on this board know. Because they bought at the start of the 2 year long bullrun.
The newfags who bought in late-2017 bought during the peak and they are going to pay a heavy price.
50% = $2000
61.80% = $1200
Am i deluded for wanting the 61.8% to happen? Cant wait
> spot on
he is one of my anti-indicators
We might not see another bullrun because Craig found a fatal security flaw in segwit.
Saying “oldfags” and “newfags” doesn’t make your shitty prediction any less wrong
Good job outing yourself.
it's not scary. i have told you retards a hundred times already in the past years, if central banks adopt crypto it will be their own and you are not invited to hold mine or validate it.
>implying the man is capable of finding his own ass
>Bought around $250-300
Hello, newfag
Litecoin is the new bitcoin
If you bought under 250$ i hope you re rich or go kys
>posting a magicpoopcannon TA on Jow Forums
first of all, lmfao do your own TA it's not that difficult. second, this is the guy who called a "giant inverse head n shoulders" around 12k that would "spark the next bullrun"