Look at these two moving averages

look at these two moving averages

why is bitcoin so predictable

Attached: ma 20.jpg (1812x854, 251K)

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coinmarketcap.com/de/currencies/bitconnect/
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We already touched bottom. Bears btfo.

>MA line on a log chart
based retard

See >What are lagging indicators

What's your point?

We have to touch the bottom twice retard. Bulls eternally btfo.

Moving averages are a lagging indicator. You saying that bitcoin is predictable because of it is beyond stupid. You're looking at it after it already happened dipshit.

>the bottom was a low-volume non-event

Attached: 1540828419433.png (486x332, 265K)

Do you even understand how MAs are assessed and applied?

That's like saying "Wow, World War 2 was so predictable" after reading a history book.

gtfo op

Bitcoin has a long way to go down

Looks bearish based on TA. But TA is BS.

the only thing i understand is that we wont go bellow the 200ma

youmad bear

people used TA on pic related aswell. it works really really well, until it just doesn't.
coinmarketcap.com/de/currencies/bitconnect/

>comparing a scam to bitcoin

based retard

nice strawman, faggot. i didn't argue that BTC needed to be/was a scam for it to go to absolute zero.
if you can't see scenarios where it goes to zero, you are a fucking brainlet.

its been 10 years, how long does it need to reach 0 ?

:^)

roughly 11.

Thanks for posting, OP. Just added leverage to my short position.

>t. believed people would always buy compact discs.
I hear Netscape shares are at ath

>Wow, World War 2 was so predictable
>Implying it wasn't

>I hear Netscape shares are at ath

If you held Netscape shares yo would probably be doing alright after all the acquisitions.

what about gold?

netscape became mozilla firefox in 2004, so yes, it's still around and still very successful

gold isn't competing with >2000 other different precious metals and new ones coming up almost daily.
gold doesn't lose all functionality once people stop paying attention to it. it doesn't require active effort (millions of dollars per month) to "run".

Netscape was acquired by AOL, AOL was acquired by Microsoft. Not that it matters

>gold doesn't lose all functionality once people stop paying attention to it
It's price drops 90%, which is where it would be based on industrial demand

you're completely missing the point.

Just like Crypto?

I understood what you said, Im not sure you did.
Correct. Now all you have to do is get people to stop talking about it. Easy, Im sure :)

help

btc

3Pgk8KhBSKB3cgxqTXeonjPuhMTzaG183k

How much do you want me to send you?

Nothing will predict tomorrow's price within a good degree of precision. The moving averages are a very lose tool to judge whether the current price is below or above average. That is all it does.

You don't even have a 20 MA cross on the 200? So how do you know what will happen if that occurs. Are you going to tell me that you held the entire time from 1300 down to fucking 175? Piece of shit strategy.

So back to aths in another year? By roughly decemeber 2019? Works for me.

nah just sold when the price went bellow the 20
:^)