This is the bottom

this bitch will bottom out at $42

there is no bottom

NO, you're the bottom

We're down 95% from ATH. This is the bottom.

Notice the digits ending with 95. 95% from ATH is the bottom. That's it, folks.

That doesn't mean it's over, could go down 99% or more even.

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Hang in there, you're gonna make it fren

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That math is wrong. Amazon crashed 92%.

underrated but also false

Order books are empty on the sell side. This. Is. The. Bottom.

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you do know this chart is bearish? it basically means buyers expect it to fall further

OH NO NO NO

You're right. But it could also mean that there aren't many sellers left at these levels. There's no way to know for sure.

>falling for fake buy walls
spotted the newfag. go buy the "bottom". go all in

this
Soon you'll owe money for holding ETH

The bottom is 0

nope, sellers aren't putting orders on the book anymore, they're looking to market sell right into the buys thats why it looks like that

you don't know shit, bitch, quit acting like you do

Lucky quads. I know who I'm believing.

:(

A lack of sellers generally causes a increase in price.

But then again, the lack of regulation in crypto means that you can't always expect things to act normally.

For example, in regulated markets you have "market makers", who exist to provide liquidity in the market. They buy when no one buys, and they sell when no one sells. That is their function and they create (relative) price stability.

Checked.

You don't know what's really happening, you can't draw this sort of conclusion based on the order book.

I'll just tell you this: if you place a $3 million buy order on Coinbase Pro right now you will temporarily pump the price to $150.

checked

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The bottom is $7 like the Money Skelly has said. Why won't anyone listen

What do you guys think about the upcoming fork next month?

lol try it. S m h at this noob giving advice.

notice the digits. $7 is the bottom

I didn't give any advice.

I would like to hear your logic on that 150 price increase lmao

Source

Sum of all orders from $85 to $150 is around $3 million, so a market buy of $3 million (if such a thing was allowed) would cause a spike to $150, but then the price would crash back to the 80s. It would be bullish anyway.

Limit orders would trigger and bots would try to push it back down. You're right that the order book is thin, but that's not all there is to it.

If I get dubs ETH goes to $7.77

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it is allowed, why do you think ETH flash crashed to $14 this week

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I gave you everything you needed to succeed yet you didn't listen.

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Only in some exchanges.

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OK, so is anyone going to thank me for the call? Give me some recognition please.

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Thanks fren
Thanks to you too

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check back in 2 hours

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>I know what everyone is doing

Shut the fuck up retard

but no one with $3m to blow like that would be willing to do that, when they'd get more ETH by pushing the price down

Np.

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100% $80 bottom

hope you got in Jow Forums we're climbing to $200 by costinnipple release (jan 12th)

or not, what we should do?

could someone please stop selling this shitcoin

buy more at $70
buy more at $60
buy more at $5
buy more at $0

btc 1300 means eth at 15. Only decent historic support is at 15.

sub 1k btc = $7 eth

This is the correct answer.

558 tmrw

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Jow Forums got it right for once but no one gives credit to OP.

I can't believe this shit. And I bet some Jow Forums retards bought on pick too.

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this bitch will bottom out at $42. not 41. not 43. screencap this

Idk who the fuck you are with your shitty analysis but we were literally lower yesterday so we cant be at the bottom today, its just a dead cat bounce. Bottom between 33 and 66 bucks

WEW LOOK AT THOSE NUMBERS

JUST SET BUY ORDER TO $41 ALL IN 10X LEVERAGE

CAP IT