WARNING!!!!!!!!

>having friends

lol please leave.

I have the same triangle drawn that I've been watching. Today is the day.

what if im a 22 year old virgin?

Don't warn the bears

are your friends virgins too?

they wouldn't believe it anyway, their delusion runs too deep

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Do you think alts will go up or down when btc breaks out? I'm considering moving everything into btc and then back into alts afterwards

We're going to 10k!!!!

1k by august. keep living in the fairy world bulltards

you are denying reality

like I said in

Yup this shit is about to explode

Typically when BTC runs alts bleed. You are right to ride BTC then buy back into alts later.

literally shorting on the false break of this triangle. see you niggers at 5000

>30 minute timeframe

No wonder you people keep losing money

>BTC IS ABOUT TO BREAK VERY VIOLENTLY UPWARDS

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BULLTARDS are going to get rekt.

shorting 50x from here

Post position.

You won't though.

TAKE MUH BIG DICK ENERGY

have fun with that. thanks for contributing to the pump.

based and pepepilled

replace BTC with ETH and you would be correct.

We are going to skyrocket up to 6k in the blink of an eye when this thing shoots out just like the one from 4200

This post has not aged well

>shorting 50x from here

Lol. This will pump. It will test 6k again and then crash

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wtf it's literally crashing

$10k end of week easily. Bobo on suicide watch.

what are you idiots talking about it hasnt even moved yet!

deluded bears seeing crashes when everything is green

Kek I love how they just released this picture and there’s already a brainlet wojak with it

BTC

This. This move is merely the play that has to happen to set up a 1.8 k low. Why? 6k or 5.8k precisely is bitcoins most important level that it lost. Retesting it and rejecting will confirm that we go lower.

Sub 5k coming then sub 4k. All according to plan. The real bottom hasn't hit yet.

this

i hope you guys have opened up some shorts to fuel the fire

your ID is literally FML.

LOL. No.

luckscout.com/rsi-divergence-and-convergence/

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pic very related

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thats a nice looking graph you got there

indicator telling me this shit is going down
but then again it was telling e that before the pump too the difference now is that bears are gone and the space is super bullish

fast pump, then the final drop lasting a month or two.

No, i will short from 5800 to 6500.

Based and tnt pilled

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price action > indicators

bears are the new ARKies because they are delusional

more like who's easiest to squeeze between bulls and bears > indicators
and right now ther's a lot more bulls to fuck

>goes down 30 bucks
>HAHAHA BULLS BTFO

Are you ready to take the green dildo?

Like when they needed that big crane to remove your mom from the house. Kek

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This type of TA doesn't apply to crypto

a-anyone else remember when it was 19500?

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BIG

GAY

You idiot, it's not breaking until tomorrow

Hahahahahaha a fucking OXYGEN MASK KEK

lol you dumbass yes it does, its showing that demand is increasing and buyers are getting more aggressive. this pattern would work in literally any fucking market imaginable you moron

tomorrow is when the triangle ends, it can break out any time before that

Except for crypto

>if we're overall bull market
alts will go up
>if we're overall bear market
alts will bleed

Why?

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sure thing buddy

yeah but when
>btc goes up
people drop alts to fomo in
>btc goes down
people flee back into alts

I don't know why, that's just the way it is.

funny

guys
nothing is happening
i think we are going down

Don't pretend like you understand how the price action for crypto works. We're all pissing in the wind at the end of the day.

>more buyers = price goes up
>more sellers = price goes down

yeah totally pissing in the wind

ah, I think you meant
>larger buys = up
>larger sells = down
the number of orders means absolutely nothing.
>a thousand 0.1btc buy orders vs one 100 btc sell order.

By that logic, price is going down?

Is the volume bar green or red?

There can be hidden orders. There are also market sells/buys. What you see on the order book isn't telling.

wrong. more people want to sell, more supply, meaning they will undercut eachother in order to sell. suppy/demand. basic economics. think before you talk shit.

Just keep re-drawing your memelines until it fits your narrative.

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*spins wheel*
Bitcoin is going up!

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that meme triangle was drawn when the volatility was still showing decent sized price swings. the range is tightening and volume is contracting to the point where it cannot move either way without breaking out.

tl;dr your triangle was premature

alright.
>100 btc buy order at 1k usd
>a thousand sellers, the sum total holds of whom amount to less than 100btc
how are they going to undercut each other again, when they can't even fill the buy order?
They'd be selling at the same price, all of them.

and when that 100 btc level of supply is gone, sellers will be selling into a cheaper buy order you dumbfuck

This. It could just as easily break down. The meme triangle just lets traders GTFO the market at the pinch points for eventual reentrou, not that a flood of money is coming in. It may, and if we sideways a little bit, that becomes more likely

Congratulations in describing how price moves up a down. Looks like you're ready to graduate to big boy school now.

That seems so arbitrary. But I guess that's the point with this kind of shit-tier TA.

We're just gonna bounce between the weekly 50 and 200 MAs until the range is compressed enough for a breakout, presumably upwards as has been the case in previous market cycles. So maybe this meme triangle will signal an upward break to the weekly 50 (~5700) and then a violent bounce down to the 200. Personally I'm on the sidelines right now because the risk is too high to be long or short right now.

Ive been preparing for this bullrun for a year and a half.

you're assuming more sellers will come along, and no additional buyers I see.

To put it simply for you; If total btc in buy orders:total btc in sell orders is say, 1:0.9, and that ratio stays true - or until left still trumps right, then price will naturally increase, it can't do anything else.

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I've got my buy orders set at just below $4k.

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no, dumbass. listen.

if there are more seller (supply) than buyers (demand) the price goes DOWN

you are really stretching the limits of human retardedness to try and prove you arent wrong

COPE

COPE

FUCK YOU! Tone Vays said it was going to $1500.
Stop buying retards. Fuck i hate this board.

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Tone Vays said this morning that it was just a random number he said last year in the 'worst case scenario'.

He said that it's more likely now that it will never happen lol

you DENSE motherfucker i've tried being patient with you but you're just so goddamn THICK aren't you?
WHEN THERE'S MORE BTC ON THE BUY SIDE THAN ON THE SELL SIDE, THE PRICE GOES THE FUCK UP.
THE NUMBER OF BUYERS DOESN'T FUCKING HAVE *ANY* IMPACT ON THE PRICE.
THE AMOUNT OF BTC MATTERS NOT THE AMOUNT OF ORDERS, CAN YOU PLEASE TRY REALLY HARD AND GET THAT THROUGH YOUR FUCKING SKULL? YOU ABSOLUTE FUCKING MONGOLOID. YOU CROSS-EYED SHIT-GARGLING FAGGOT

And it will never be again.I sold mine at 12k.Have fun staying middle class for the rest of your lives.