I present to you bitcoin's bottom

If you invest 3,000 dollars at 5x leverage at this bottom and we see the same return as the previous crash pattern, that 3,000 dollars will be worth 1,000,000. Just saying.

Thank.

Attached: sam.jpg (489x651, 36K)

>leverage
I prefer not adding to the bitmex insurance fund

We will know for sure if we hit 5K in February.

yes, -1500 dollars

Btc is in its third bear market. The first one fell 94% from ATH. The second fell 84% from ATH. The current one has fallen 84% so far. This chart which has been accurate since bitcoins inception in 2009 says we are heading down one more leg though. I haven't updated it to include 2018 data yet but whatever happens btc is currently super low. That's a fact. This is the accumulation zone. Very few people actually catch the absolute bottom. Don't be deluded and think you are smarter than everyone else. That you are smart for waiting for the "real bottom" which may never come.

Attached: 1513155379655 (1).png (1624x1328, 48K)

Update that chart you lazy piece of shit

>one more leg
to where?

to 6k, then 10 and beyond

Probably there will be a quick spike below 2k to 1.6k or 1.8k but that dip will be short lived and then ot will never go below 2.2k again. At least as a prediction sometime in the next 2-6 months according to my chart. We will hover between 2.2 and 3k for .5-1.5 years and then head up to at least 130k a few years after that.

>130k
Opinion discarded

Exactly don't take my opinion as i don't know exact timeframes. Just buy right above the purple line and sell at the yellow line. It couldn't be any more simple.

Not high enough? You're right. 1m confirmed.

Opening a new Binance acc. Anyone want me to use their referral ID?

Vertical red lines are halving dates, I updated the chart with the red curve. Cyan blue curve represents the capitulation and sideways for 2020. Remember the x-axis is log based, so it does not need to look symmetrical.

Attached: dates.png (1624x1328, 48K)

Not the bottom. Go back to thinking your meme lines mean something...

Attached: meme-lines.jpg (2155x1322, 507K)

I'm seeing the same thing OP
Expecting a green dildo quite soon.
It will, however, go to about 5k only then go sideways, then back to 3.5k in like a single day then the next day it will begin climbing back bull.

Attached: BTC Bottoms.png (1308x1428, 317K)

Correlated.

Attached: BTC Bottoms2.png (1300x1422, 378K)

Basicly this. The new lines could be a little neater for my tastes but basicly that's the expectation until the next halving. Also the spike down to 2k won't actually hit the purple line. When it finally hits the purple line it will be at the end of the sideways merket and right before the halving or right before the next real bull market.

Looking just at the chart is retarded. There's a important event that occured at ATH : futures for bitcoin became a thing. The development further will be linked with the future market. Ignoring them is driving blind.

youtube.com/watch?v=YOCVgeoosOc

I made a video describing what will happen in depth.
Yes, I am bitter and sound like Barry White. It comes with this business.

calculate the arithmetic mean and tell me what mean reversion means.
All bubbles revert back to the mean which is around $1500.

calculate the fibonacci level between start of the bullmarket $150 and end of the bullmarket at $20000 - 61.80% is around the $1200 level.

you might want to rethink this math and consider never posting financial advice here again

Attached: zxfor3tn73c21.jpg (768x768, 86K)

Fibonacci is shilled by smart money to make you a predictable trader so you can provide liquidity to them. Never use it.

is correct

what now?

Attached: faggot.png (971x305, 33K)

Doesnt this apply for all the indicators? with the exception of vwap, market profiles, volume profiles

MACD, Stochastics, and RSI are dubious. VWAP however is an excellent benchmark due to performance guarantees made by institutions

Attached: Screen Shot 2019-01-31 at 6.48.07 PM.png (864x586, 134K)

Simple rule to live by:
Never long above VWAP, never short below it.

the .618 fib retracement is ~7.6k. sorry

I bet you can't tell me why Fibonacci "works" other than,
"everyone else uses it"
"it's nature's law"
"it's worked in the past so it will work again."
"it's an accepted standard."

Give it a try. Why does it work? Anyone, feel free to answer this if you actually know why.

Remember when nano subreddit banned all users and posts that called out Bitgrail being a scam and posted screen shots of double withdrawals, pepperidge farm remembers

If fibbonacci works at predicting bear markets then it should works for other bubbles as well. Did you test it on bitcoins previous 2 bubbles? 1200 to 190 and 32 to 2.19? Did you try it on the nasdaq or the dow or the snp 500? Gold? How does it fare?

...Except when the trend begins...which you'll never know unless you long above the VWAP and short below it.

It’s maaan not sir !!!

>he has a vertical screen

lol this guy got it right

>fibonacci
>fibbonacci
>Btc is in its third bear market

Attached: a.png (1027x463, 121K)

>Don't be deluded and think you are smarter than everyone else

Actually smart people realize that every single one of these pumps was a pnd and these historical analyses don't mean fuck all. Crypto didn't deliver, you're only hoping for the next pnd to save your asses.

Fees kek.
Manipulation pleb
Dildos

Willy told us around 2500.
Only 900$ left of suffering before we can see the first ray of light frens.
It will be a long, painful and dark path but we worst is behind us i think.

Attached: 1524485071915.jpg (482x427, 58K)

Next bullrun is probably 50k, not even 100k. lol 130k, in your dreams schizo

That was a boost, not more than 30% influence

>tfw one day you have $100k in bitcoin, the next you're suddenly $200k in debt

What software is this? I've been wanting to try to model btc like this for a while now.

I'd agree that the 200 will most likely hold. The percentage fall from the high is in the right ballpark too.

binance.com/?ref =36228383

Attached: 1548632535803.jpg (1080x1080, 185K)

The music stopped. Party is over.

Attached: 1545389397401.jpg (640x640, 63K)