Daily reminder that this is a very likely scenario. Market makers will attempt a last time to push the price up, to then short and dump the entire market to 3k or even below that.
3.8-3.9 or even 4k will be your last chance to short or tether up before we head for real capitulation.
Advice to Jow Forums
Dylan Barnes
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Matthew Gutierrez
+1
Brandon Perry
Just give me my 100 ETH
Cameron Roberts
Or it breaks out.
Ayden Hughes
Very nice bart-based TA. Are there any aspiring John Bollingers working strictly in the area of bart-prediction?
Jayden Green
Nah. Resistance is too strong at 4k levels. Market makers have already decided to dump it to atleast 3k or below
Brayden Brooks
lol. You have no idea what you're talking about.
Caleb Rivera
ok insider kid
Colton Foster
I can never tell if people posting TA actually believe in it or not. Reminds me a lot of people selling essential oils and other unbacked nonsense.
Brody Hill
What happens when the price will hit this memeline?
Dominic Hughes
Good thread ma man. I was just looking at BTC and noticed the same thing.
We both agree thought that it's bullish in the short term. Buy now and sell at the $3800 range.
Ayden Lee
>compares meme lines on a chart to the healing properties of plants
not going to make it bro
William Diaz
Checked. That is god itself pushing down on that price. Angelic holy heavenly unbreakable resistance at 4k.
Parker Nguyen
>Jow Forums has evolved from using whales to market makers
James Foster
Probably dump, but it will have to break it at some point unless it plans on going to zero.
Adam Murphy
Don't know why anyone bothers with ta when whales do all of the moving anyway. By all means dump it all. Link needs to decouple with btc.
Carson Wright
What happens when these longs get destroyed?
tradingview.com
Logan Reyes
Why do you even try to prove something by showing some lines.
We already said last April, btc is heading down to 3 digits.
I still don't get why it isn't so obvious for others?
Luis Hall
3 digits? Bitcoin would be dead if it went that low.
Sebastian Kelly
>Bitcoin would be dead
wasn't it dead already?
BTC core showed of what btc is incapable to do, but was promised - Thousands upon thousands of transactions per second with minimum fees. You can't just scramble whole core block chain and start over, you will be faced with lawsuits.
BTC is left to slowly bleed.
I'd say it's time to look for other gems, while btc is main trading pair and has price effect on other cryptos. Some are really really cheap deals and I love it.
Parker Sanders
short term are like 1-3 months so bearish. Long term is extremely bullish. The bullrun of 2017 will be nothing compared to the coming one.
Not all memelines are indicative. The one you posted could easily be broken and you'd just redraw it. Same can be with my TA. Nothing is set in stone. It's just theoretical outcomes based on past performance, patterns and volume spread analysis
Connor Turner
BTC is money for the elite. They know this which is why they are trying to rent seek on the populous with lightning network.
Problem is the boomers behind BTC are too fat stupid and slow. NANO is coming. IOTA is coming. Truely deflationary, usable, conomies that are much better at storing value and will steal BTC's primary, only, use case.