Looking at this, you really must be crazy to think this formation is bullish. We close pretty much on the lows. Don't expect the coming days any rally after the bulltrap from yesterday. Look at the yearly candle. If it would rally 1K from here to 5700 that would give a chance for a bullrun next year. Algos will seel every fuckin rally next year.
Forget the rally in 2019
Hudson Murphy
Jaxson Wright
A lot of people on Jow Forums are calling for a sidewards market next year, this chart kinda supports it if it follows a similar cycle to the 2013 bubble
Jason Hill
Assumption, expect another 66% (Probably more) haircut because the next yearly support is at 1136.
Whatever Jow Forums is calling, technicals show something different. Biz should invent something else, and never ever let the futures market enter that asset. That's the only way.
Kevin Gutierrez
This is just the start of a 15 year long triangle
Luis Johnson
Zoom in
Robert Powell
Look at log scale you fucking moron.
Christian Flores
Dow dropped 600 points today and that doesnt get a mention on biz?
Andrew Howard
You're the moron. Like wrote, technicals show lower levels unless in the coming days Bitcoin buying frenzy takes price above 6K. (Won't happen)
Levi Jenkins
>TA on chart with 3 candles
Samuel Miller
>Biz should invent something else, and never ever let the futures market enter that asset
assablasted bitmex wrekt loser leftist "muh manpipulation"
you realize you can scalp off the algos?? or are you a retard?
Juan Wood
Zoomed in.
John Miller
"Everyday I assume every position I have is wrong.” – Paul Tudor Jones
Adam Foster
>muh technicals
I'll just go off my gut like I've been doing for the past 5 years. You're fucking retarded. Btc will likely bottom out between 2 and 2.5k and recover over a year or two and then go parabolic again, to somewhere around 50-70k. If you think TA is reliable in an unregulated limited supply market you're too fucking new and stupid to be posting threads and infecting others with your retardation.
William Phillips
>my guess is better than your guess
Jordan Roberts
I really really really dgaf already- I’m done swingtrading and scalping minimal gains with a shit time of losses and watching the fucking goddamn charts. I have a fuck lot of fiat waiting to buy in- just fucking crash it to 1000 already so I can buy up then go back to wagecucking it, side hustling and maybe shorting some stocks. Just fucking donit already. Fuck TA, fuck all these bobo bears and green wojcks. Just please please fucking do it jesus-
William Harris
this
Zachary Clark
>fuck all these bobo bears
>just fucking crash it
mark ass trick
Samuel Howard
You guys are so fuckin delusional to think that Bitcoin Core has seen the bottom. There is no chance Bitcoin will rally from here. Technically impossible. Maybe one more pull up but no way it is getting anywhere near to 5700. It won't even get beyond the high of this latest pump for this year. And then next year it's another 50 to 70% down.
Asher Evans
since when are rallies technical?
David White
jan 1
Xavier Anderson
This is the problem why you guys lose money. Asuming it is going to create a right shoulder.
Parker Smith
man just look at your own fucking chart nigger stop cherry picking!
Brandon Carter
looks fine to me
Jacob Walker
You realize the 2012-2013 candles are the same as 2017-2018, right? 2017-18 is just scaled up.
I see two decent years of uptrend and then a bullrun that dwarfs the 2017 run in 2021
Nicholas Long
Because trading the Dow is for pussy user
Nicholas Flores
trust the meme line
Jaxon Russell
Market will capitulate. Do you really think that the big boys give you days or even weeks to buy the bottom? Maybe 2 hours max. As long as market doesn't capitulate big time it will be in bearish mode and in a bear market it is better to sell the rallies and not try to pick the bottom. Bottom pickers will get smelly fingers.
Ryan Lee
Looking at this, you really must be crazy to think this formation is bullish.
Liam Clark
Buddy we formed the left shoulder and head fucking perfectly. Right shoulder is forming nicely too
Noah Harris
Correct chart.
Love,
Lain
Alexander Wright
>ta on a 6 candle chart