Seems to me like it’s 1.2k
Why does everyone think 2k is the next support for btc?
Seems to me like everyone talks shit and it’s literally up to the market makers
Nobody seriously thinks it's going below 3k
Oh yes, who could seriously think that? Cue the golden bull
>Why does everyone think 2k is the next support for btc?
>Seems to me like it’s 1.2k
Bitcoin finds a bottom on the longest moving average that becomes available.
The plebs think the 200 week is the real indicator, the pros know the 500 week is the true support.
> it lower
It could very well be 1k but first we need see how the market reacts getting flushed through 3k and reaching the next resistance at 2500.
A lot of people are, primary reason is Bitcoin did not have a proper reaction that would indicate we reached the bottom at 3k. It could be a possibility that we just quickly have a wick into the low 2k and quickly bounce back and that would be good enough, or we grind thr 2k area for a few months.
Dude because 2k is literally the next support level retard. You know that whole support and resistance thing that the entirety of TA is based on?
This the bottom was in December we bull/sideways now
based and red pilled.
Yeah I know, the bottom was Dec 15th. It reached the same percent below ATH that the previous bear markets did before ending, around 85%. It has been on an uptrend for the past 3 months. These retards like were not around in 2015 where it went sideways for half a year after hitting bottom. Not to mention that the volume lately has been 10 billion USD a day, when it was sitting at 3 to 4 billion USD a day for most of last year.
Peak bull delusion
heh
this goddamn fool doesn't even know how to read a volume chart
This won’t age well
it's actually 780
Remember when people thought it would never go below 6k?
Yeah.
that was me, unironically.
I turned bull once the ascending wedge pattern emerged.
If btc even enters just the 2k's I'd slowly trickle in my entire savings
>previous resistance points must always be meet
TAutism
>WHY DOES EVERYONE THINK 2K IS THE NEXT SUPPORT FOR BTC?
BECAUSE 2K IS LITERALLY THE NEXT SUPPORT LEVEL FOR BTC FAGGOT JESUS
WHAT THE FUCK ARE YOU TALKING ABOUT RETARD
You are seriously retarded and should learn about how markets move.
>no argument
Based shouting retard.
based caps user to the rescue
caps is answering the guy who said there's 10 billion in daily volume.. that fucking bull is so dumb he gets his aggregated volume info from coinmarketcap
jesus christ...TA is about possibilities, not certainties.
the context was if we couldn't hold that support line, we were probably going to meet that downtrend.
Seems to me like you missed the boat.
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>What if more lower?
Queer bait missed the bottom and is now desperate for it to go lower
>he thinks this is the bottom
The replies to this post are going to be fucking hilarious 3 years from now.
Imagine being this brainlet to believe that BTC will ever be below $4k
my buy orders are set ~3500. enjoy your little run. even if this is the bottom we'll retest the 200 weekly moving average a few more times this year.
Btc to 0, eth to $10k 2022 screen cap this
>if btc even enters just the 2k’s I’d slowly trickle in my entire savings into a piece of dog shit
save this screenshot faggot>
you are a delusional permabull, it is called making a simple fucking bet with calculated risk, if you cant take the risk on a risk/reward ratio of 3.84 then you are a retarded faggot who deserves to capitulate into my buys
>i'll just draw some random lines in different colors in mspaint, that'll show them!
We got a badass in here
>pic related emptied his wallet at the bottom
>he thinks it will go down even further now
might as well drag that target to $100 for better r/r, after all it's calculated risk lmao
lol aw this is cute
Imagine being this stupid
Hopefully you’re not “investing” money you cannot afford to lose kiddo
English sirs
By bitkoynz sirs
Without any irony, idiots like round numbers. That’s it. It’s human nature due to the aesthetic of it.
> then none
or he needed the cash
The "uptrend" is technically 5 weeks.
Its the longest uptrend since 2017, ill give you that
This it’s over 4K (it’s literally never going under 4K again and will probably be back at 10k by June)
This is correct. Remember most people here are retarded.
So you are literally making a bet on it.
The absolute state of permabears. If you were reasonable, you'd know the bottom is coming in may at 2.5k
>continuous unironical lower botttom predictions
Bullish
Remember how last bullrun half the normies you talked about were like "Oh yeah I was gonna buy some of this at $X but I never pulled the trigger" ?
Those were the people waiting for "Muh $2k"
4k is new support, screencap this
people think fear and greed move the market but it's not so. fear is always much stronger than greed except for psychos. no. fear of missing out fights fear of loss and when they are about equally strong that's when greed can tip the balance.
some people will never fear missing out as much as losing. they will forever watch from the sidelines.
From a value perspective you are implying that btc hasn't improved at all or has no more adoption than during early 2017.
I agree with this sentiment but you’re forgetting that shorting is now much more prevalent than it was before. So the fear/greed dynamic get skewed. Bears are afraid that the price will go up, instead of the majority having fear of missing out
AAAAAAARRRRGGGGGHHHHHH
2.5k is the next support, idk if we can break that
>he needed 240 million dollars at once
Lel