Is this accurate?

is this accurate?

Attached: 15522288183840.png (1768x879, 157K)

if the price goes like this, then yes

Not even close. We're at the bottom. 50K soon.

Yes. The conditions for the previous bull runs are gone:

>Lax regulations
>Low market caps
>Little public awareness
>Novelty
>Profitable mining

With the regulations, high market caps, public awareness of crypto being Ponzis, novelty gone, and mining being unprofitable, crypto is slowly going in a downspiral to oblivion.

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Pretty much this

Funny, people said this exact same thing after the 2013 bubble, probably when you were still in diapers.

You didn't have Katy Perry shilling crypto back in 2013 though.

Underestimate the effect of the halving at your own financial peril.

Attached: Bitcoin.png (530x526, 161K)

Is this more accurate?

Attached: 1552249821774.png (1768x879, 134K)

Hate to break it to you, but there are a lot of idiots out there that will FOMO In again.

yes. 2k is the real bottom

These are some of the most retarded lines that I have ever seen.

Show us your lines

8/10

No, it's not going to correct to 5k first.

makes sense to me.

yeah, more possibilities in your chart.
$385 would be extremely painful, but we have so many over invested bagholders, that have to get flushed out, it wouldn't surprise me.

>halving
This.

More probably, because halving will force a shorter timescale than

Kek, no.

We're basically at the beginning of the yellow line now.

>Not following the first few peaks on the way down
That 2nd red line is one of the most arbitrarily drawn things I've seen in a long time. Not gonna make it.

delusional

>telling you your bullish thoughts are delusional
>ID is " IQ 12 bull"

Leveraged short positions will be an equally large problem after that. It comes down to fiat inputs to pay put one of the sides and where that will be coming from. The meta makes the charts, not the other way around.

If 20k to 3k didn't flush them then I don't think anything will

All we have left is traders and hold to zero gang

kek

Each cycle will be longer than the other until btc reach 1million usd circa 2100 and become a global currency

Also i believe this chart to be more plausible OP

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tick tock

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Agreed. We should see some major players actually buy up the next dip - not let it sit there for days.

We need to capitulate, the bottom will come before the halvening.

Then the market will trade sideways between 1k - 3k range before a slow bull start to 20k, then parabolic to 60k mirroring the run from 10k to 20k

"ponzi shitcoin scam"
disregarded.
there are some shitcoins that are ponzi scams. but calling btc and eth ponzi scams is the most ridiculous thing ive ever heard. if it was a ponzi scam why does fidelity want to dedicate 5% of their assets to cryptocurrency? and you know for a fact that fidelity isnt buying your shitcoin flavor of the day theyre buying btc and eth

Forget the ponzi shitcoin scam part, that was a photo i got from a thread here. Im on my phone so i can't get a proper photo explaining my point of view.

The last photo is refering to the parabolic effect that you see on the graphs correlating a huge price increase in a short time span.

That happened in the last bull run between 10k and 20k

and will happen again once we fail to breach 20k and then retest it circa 2022

Next halving is likely May 2020. This forces a shorter schedule than OP.

Fundamentals are different

only in crypto have I ever seen anybody be -85% on their biggest asset in the class and still sit here saying "HURR DURR IM WAITING FOR THEM TO CAPITULATE"

Capitulation has already happened boyo. If you think dropping 70% in 11 months and then dropping another 50% in two weeks after that isnt capitulation, sorry, youre fucking retarded

the fact that everyone thinks were going to 1k is hilarious, the look on everyones face when theyre left with nothing but their dick in their hand is going to be glorious

This. If 6k to 3k in a couple of days isn't capitulation I don't know what is. It feels like if it drops to 1k people will STILL be waiting for capitulation. Like wtf does capitulation even mean at that point lol.

no one really thinks that, save a few delusional brainlets who can't put 2 and 2 together.

100% this, I keep telling these necked faggots that this time really is different. The scam is up,

you're not taking into account mass adoption. now go neck yourself you stupid bitch.

>2100
bruh

bch cope

>"it cant fall any further!"
Famous last words before getting rekt by a huge weekly dildo. Nobody knows where the bottom is until the bull run starts

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so sideways till 2020? depressing...

my ass low market caps. Stop looking in the wrong places. swap.fyi