$950-$2400 in February
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Source: Your ass
Hell no, more like 100k
I'm hoping it hits 3k soon and I'm buying back in
I unironically did the same analysis back in December and the opposite happened. This means the fundamentals have changed, new money is slowly flowing in and the council has approved a new bull-run, banning all whales from dumping below 3.1k.
December is the wrong timeframe.
Had you charted in the December you would have had the exact same chart because in that range we are still in the same candle, and the price was also at about 3.4k
Also, like it or not TA does not work for BTC because all price changes are mandated by the council.
Good. Sell now bear. Its going to $0
>two random lines on a chart
analysis
>He hasn't even worked out the timeframe
BTC to 100k by July please.
Kek, I already saw your picture with the numbers. Nice pattern but you should know all this shit has probabilities tied to it and there's no certainty that it will be the exact same ratio again.
Unless of course you are a member of the council.
>quints checked
checked
Other people have used different methods based on the halvening and came up with February also (uptrend begins in May). Have you seen the tweets from moon overlord? His calculations are totally different yet he comes to the same timeframe as me (just slightly different bottom price) twitter.com
hell no. what most of you guys forget when mentioning previous crashes is that now in a single day we have the same volume of trading for the whole year in 2014.
BASED
Checked
Niggawhat.jpg
Walk me through this image, a nigga ain’t got time to wait till 2022
>a nigga ain’t got time to wait till 2022
Look at January 14th 2015.
checked
just bought 100,444
Checked and based
I have something to sell in case you don't expect it to drop to 2k first
So should I buy Nvidia shares?
Delusional
It might but I don't care what path it takes. Although, if it does drop more you guys better buy quick.
it won't go that far....first bottom already in. June 2020 could be bullrun, but you can "invest" now pretty safuly. If you look at the cross overs points of the 200ma and 600ma, you can see there's a while to go.
finally some non retarded analysis
>you can see there's a while to go.
Incorrect model.
131$ when?
you might see a recovery at May-Jun this year - who knows...market are unpredictable, big news could change something, but if you assume, like this chart, that there is still an overall bullish mentality on BTC hypertrend,, you can see that long term, it would be quite surprising if we weren't near a bottom now. There might well be a 2700 capitulation moment, a spike down like the the 162 back in Jan 15 and August 15, but that will form the very bottom. But, I concede it kinda needs to happen twice really to confirm rock solid support. What model would you use?
thanks bro...novice though
I agree that an uptrend in May is likely to occur and sustain to the ATH generally speaking. But for now, February will be red(very), March and April will be boring (a lot of time to buy in).
>it's the "it's going even lower" when it's the bottom season
bullish
people preparing to miss the boat a third time
And you know the, from a percentage POV, the 3rd wave is often the biggest...assuming the big trend remains true and it wasn't a bubble that's going to zero. We will know soonish
Im not buying shit until this breaks 4k (aka the best advice you can get)
You are a calendar month ahead.
>buy high
What?
All these people you warn, and I bet not a single one will listen
Maybe so, but I'm talking over the long term now, it's close and I still think 2700 could be the bottom, if it broke 3000. Psychologically, 3k should be rock solid. Capitulation to 2700 if we are lucky.
golden bullrun confirmed
why july? why not now?
RRREEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
Because that is impossible.
Time to take out a loan.
>.first bottom already in
What the fuck is a "first" bottom
only this time people are going to legit commit suicide as it hits the 100k threshold on the log-scale
ask again in october
Fuck yeah, I'm finally gonna be able to afford 1 bitcoin and maybe even several if it continues for a couple months
We just made it goys
Why don't they make movies like this anymore?
Based and checkpilled
THE MINERS DONT MAKE PROFITS AT THAT POINT, THERE IS NO REASON TO EXPECT A DROP THAT LARGE.
Idk what more you faggots want. These prices are historical. We all know what’s coming.
REDACTED
Quints checked, ID says low.
>100k is low
I didn't even notice!!
We are all going to millionaires boys!
Alright here's the crypto blackpill. There's a bunch of early adopter whales that sit on their asses all day traveling to different countries and getting fucked up on champagne and expensive food/prostitutes and every couple of years they gather together to decide when to use bots to pump btc to a new ATH and how high it should go. If you aren't one of these lucky people, then you are at their mercy. The trick is to ride their pumps and dump on a bigger fool than yourself.
I'm anticipating a $2,000 bottom myself
Based
oof almost trips 7, dear kek
Nice dubs ;)
Fucking checked
You didn't buy the bottom, did you?
checked.
>00000
>golden ID
Terrible model
This x10. The prior top must be tested first.
checked
>quints
>golden ID
>ID says "low"
Damn son, you must be the prophet
$131 when??
checked
I need more time to accumulate u fucking asshole
but checked and patrician pilled
HOLY SHIT
Kek
yes
Nice trips.
thank you based quintsman
Bitcoin is not sitting on a support though. When bitcoin hits 2400 we will be sitting on the next strong support.
this is a good one. nice and redpilled
based
This chart literally came out of your ass
Supposedly the mtgox coins get released in March now
I wonder if people posting chart like these are serious
>mandated by the council
uses mac-d by chris moody
mac-d one of the most unreliable divergence indicator in existence.
cant take your ta seriously
Pathetic that you're still rubbing your nipples and blowing loads to charts. Take a step back and think for a few minutes.
What happened in 2017 is that the plan was to advertise and force crypto to go viral then recoup the costs of the wash trading and advertising by cashing out into a financial instrument. BCH and all subsequent forks were born along the way to allow for boom busting in and out of BTC to grow stacks.
What was not anticipated was Mt. GOX reparations fucking with the sell demand + instruments completely falling through in January.
The market has been in freefall since to extract what little liquidity there is to cover the costs of the forks and whatever bullshit favours and lobbying had to be done.
Now all that remains is preserving the market through the inevitable GOX cashout. That is going to require humiliating the price of BTC to something that's OK in the minds of people who bought it around Willy Bot times, so that they'll sell in the 1200 region.
That's the grand strategy here. The meta. And that is what is going to dictate the drop. Not these gay little charts.
Once the GOX accumulation is over, the next round of hyping can begin. Ledgers -> Macro Ledgers -> Macro Ledgers that can see other ledgers and data points outside of ledgers.
you realize that the mtgox coins are less than 1% of the supply right?
>calculations for Litecoin
pls post
Ok then ;D. I only did half of it though, I have redacted some details, but the all time low is essentially a few days after the BTC all time low. Both in February.
I don't know how that faggot who ordered a pizza for 10k btc hasn't offed himself
Bear market officially OVER
There just aren't that many coins
I've doubled my bitcoin since 2016 and have cashed out lower 6 figures to buy more if it continues to drop
The fundamentals are getting better the network is growing
Also it's interesting how merged mined sidechains are giving bitcoin hash/security and bring fees from commerce offchain
This makes the transition from block rewards to fees much much easier
Damn if you had bought back in early 2017 you are still up 3x