kek at the retards here
THE BEAR MARKET IS OVER
>THE BEAR MARKET IS OVER
Thank god, finally
it actually is this time.
>People who wanted to sell at 5k now want to buy at 5k. This is a problem
This comment is nonsense and as a result you cannot be taken seriously. Market conditions can change from moment to moment. I might find a price I want to sell at now and in 10 minutes that same price may be where I buy. You base your decisions on what the chart, the volume, the price, market sentiment is telling you. There's nothing emotional about it for an experienced trader. Making blanket statements like in your pic is pure emotion and why you are the one who will get rekt.
Stay delusional.
dude you dont TA do u?
in your own chart:
> we've been falling at the lower margin of you BB
>BB median falling whole bear market
>now bb median rising
>upper side of channel
>after a long period of price consolidation
Why would you tell someone to be delusional? How strange...
Also this, all the "bear market over" pumps were more of a relief rally for each dump wave (note how the pumps occur very soon after a dump). This time the price was flat for 3-4 months with low volume, so it is a very different situation.
“This time its different”
Ill hand you guys a bone, People are saying the bear market is over. If you are saying that, you are not looking at history. No secular bear market is over until bubble excesses are cleared out. The 2000 tech crash, for ex, wiped out the last 4 years of gains in the Nasdaq. The crypto market wiped out the last 4 MONTHS. You cannot compare bear markets by % correction alone, but percentage correction RELATIVE to price appreciation & time. The Nasdaq appreciated ~4x in the last 4 yrs of that bull market. #Bitcoin did that in the last month. Why was this a secular bear market,to correct the entirety of the crypto bull market from the first transaction in Bitcoin to early Jan 2018? Time as one factor--secular bear markets, in all asset classes, have multiple corrections w/in a larger bull cycle, before a secular bear market begins. The crypto bull market length was w/in range of secular bull market duration in most other asset classes like equities & commodities. Another way to gauge it is sentim. Apart from the "this time it's different" that BTC ers are caught up in, it's at the end that absurdity reigns. At the /end of the tech bubble (for consistency), any company w dotcom at the end shot up. In Q4 2017, any company that added blockchain in any way did, too. The stock of the parent company for Hooters announced Hooters would put its loyalty program on a blockchain--loyalty points! That stock shot up 50% in a day. Long Island Iced Tea Corp, a failing company, changed its name to Long Blockchain & its stock shot up 289%. These are just some among many signs. Or you can think, "this time it's different." Btw, how old is the avg BTCer? Mid-late 20s.
.
Thats 4chans way of saying I am not intelligent enough to debate this with facts.
The other bear markets ended with the price shooting over the 200 day ma, going sideways, dumping back below the 200 ma, going sideways, then going up to start bull markets. I expect the same this time. We've just gone above the 200 day ma for the first time since March last year. That is all. 3k imminent soon.
Well I'm 26 and am still more bearish than I am bullish. But then again I've been a "careful" beta type all my life who doesn't take risks. So maybe the le alpha chads are what he's referring to.
However I actually make money of my trades.
on the other hand it cant last forever now can it. Lower we go the more people call for even lower. At 6k it was 50-50 now its like 90% "know" its going to 1k
Looks like somebody found the jcho710 twitter account
How come you have yet to post his tweets where a month ago, he said that everybody was stupid because we were imminently about to go below 3k?
He was absolutely completely fucking wrong.
He'll also be absolutely completely fucking wrong about how Bitcoin still has market excesses. Bitcoin already corrected proportionate to almost every bubble in history (~85%). The amount of time a bubble takes to collapse is proportionate to its capitalisation, and the tech bubble was an order of magnitude greater in size, therefore Bitcoin's bear market taking a fraction of time is exactly what we'd expect it to do.
This chink is honestly one of the greatest examples of Dunning Kruger on the internet. Makes sure to mention his Harvard education but neglects to mention it was a social studies degree (lol). Buys into the "gold not crypto" meme (lol).
Absolute fucking brainlet that gets smashed down by the hammer of reality but continues to ignore this and just calls everybody else stupid instead when he's embarrassingly wrong in his calls.
Lower we go less people will want to buy, when we fall in to the 1ks, and it drops lower than any previous “bear” and people actually realise that we had a 9 year bull run, which in all markets they tend to end around 9 years, and this is actually the real first BEAR.pure panic will set in.Only thing holding this market together is the “26 year old” who only ever had to wait a year or 2 at most for his money to go back up, lets be honest, we all know this market is a joke and is full of crap that will never be used.
The crypto market is way faster than traditional markets, 24/7 trading, internet as the main communication channel of communities surrounding it.
Other than that, I'm starting to hear crypto advertisements on main stream media again, I'll trust the billions of investments by big players in infrastructure (dyor) over meme lines. Even if it dips a bit more, this can't be a bad time to GET THE FUCK IN WE GOING TO DA MOOOOON
You're the delusional one you permabear faggot. Enjoy chasing above 6k
OMFG A BOLLINGER BAND THIS IS PRO TRADING TIP THANK YOU OP THIS IS MIND BLOWING WOW IM SHAKING
Again, all the crap needs to be wiped out.If you believe that btc will 20x from here in the next year or so and all the absolute shit from the last bull with 10x in sats again, then well I dont know what to say to you.
Utterly and completely wrong, but you go do you I guess. We need all the shorts we can get for the fuel to 6k. This is about the most bearish scenario I can come up with, which is really just another retest of the 200wma before blasting off. At this rate I don't think that happens.
the bear market ended at dec
We've already replicated the 2014/15 bear market in both length of time and drawdown from peak. People calling for 2k and below are implicitly saying we're going to correct harder than 2014, and harder than 2011 despite the much larger market this time.
This is just a replica of the 2013-2015 market cycle. We go up now.
Each bottom is an iteration of the last.
We will not double bottom because people anticipate a repeat of 2015.
Buy anything under $4K.