THIS DUMP IS GOING TO BE GLORIOUS

I don't care about your life, I have two flats yet I don't open my big mouth here

9,000$ is the new 6,000$

That's the bullish case. We'll see soon. Personally, I'd like to see the bullish case win out, but I can't deny the descending triangle that could be forming now.

>There is absolutely no use case for buttcoin, it's imaginary money
That's not true. This seems to be the only financial instrument jews can't stop. That's powerful as fuck.

capslock user was cringe af I don't care about this faggot, NVT indicator gave a bullish signal last april and now it is giving a bearish signal that's it

NVT is the only way to know if BTC is over and undervalued - your asuka meme is not able to do this

>9,000$ is the new 6,000$
It could be. If we revisit that area, I'd like for the dump to act like a bear trap and not be too severe.

When BTCUSD was flirting with the 6k support, we were under the 1d 200 SMA, but this time, we're well over it. That alone should limit the damage and create a path for another big move up after the hypothetical dump.

jews can freeze your bank account dumbass, you know the one where you take the money from to buy imaginary money

cool beans just know when to cut your losses so you don't end up roping yourself at 16k

Use your big brain and find a way to convert BTC to fiat without any jews seeing it. I know you can do it.

eat shit and die son of a bitch

muh sma 20 weeks
muh imaginary line

Attached: MUHSMA.png (1080x647, 47K)

I don't trade with lunch money, I'm not going to meet all the incels of my town from localbitcoin aka IRSbitcoin glownigger suck my dick zoomie pussy

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Don't use localbitcoins. I know that place is full of glowniggers. There's another way that's way safer that can handle large volume. Keep searching.

Why are you mad at me? I was agreeing with you (with some conditions).

that imaginary line was picture perfect support/resistance for 4 years

I trust it more than your pet gook's NVT meme

strong support yes
good buy sir
many rupees soon

anybody who thinks technical analysis works should kill themselves.

TA has made it possible for me to not wagecuck anymore.

Nah strong support was the 200 week SMA combined with oversold weekly RSI, which is why I bought 10BTC there

TA is literally all that matters in crypto and until you realize this you will always be a stupid newshit

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TA can't predict Tether prints, it can't predict Bitmex BARTing the market, it can't predict whales manipulating the market, it has no knowledge of the positions exchanges clients hold, it has fucking nothing. If you make money with TA it is luck only.

>he doesn't know

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Just because you say something stupid doesn't make it true

TA made me more than your annual salary this year

did you make an alpha to holding though?

That negative mindset that puts so much blame on external sources is what's wrecking you. Maybe instead of studying technical analysis, you should study trading psychology first. That may help you a ton more, and then you might even find that technical analysis starts working for you.

Look up Mark Douglas. He's written some of the greatest books on trading psychology.

Holding in a bear market is borderline suicidal. The bear market of 2018 is what forced me to learn how to trade.

You're on the right track.
Don't let them fool you with their bullrun mantra.

I haven't been on Jow Forums in months, and it's painful to see how people think here.

>13 BTC

Some people just have it all..

Depends over which time period, although if you start from when I first purchased bitcoin I only did because i got lucky by getting into alts early but not super deep and by learning about okcoin futures in late 2016

holding strong for 5+ years is hard. I did it and DCA'd out in 2017 from initial buys in 2013. Sold relatively way too early and bought back less even at the bottom than I had to begin with

>DVX1992

Attached: dvx1992 bites the dust.jpg (1106x733, 211K)

I think we're going to the Bottom which is 5.8k

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Attached: chad accumulate.png (874x443, 22K)

Based.

I held link based off zero TA and made 6 figures. Guess that means holding is better than trading right? or is it somehow only skill when you do it?

So, what's the story? Are you buying over time or did you get that from trading?

Trading is a skill when you do it profitably over time. In bitcoin's case yes holding is better over extended timeframes but holding for that long is much harder than it seems when you're just looking backward at a chart. As much as you link fags meme about $1k even if it got there 99.99% of you would never have held that long

TA helps identify entry and exit points, and since bitcoin and other cryptos have no underlying cash flows to help value the thing, fundamental analysis is far less important

bought ~10 btc over the period 2013-2015. Earned a further ~15 btc in futures trading profits on okcoin (most when btc was ~1k or less). Made another 4-5 btc on alts. Tried to DCA out in 2017 but never in a million years did I think it'd go to 20k. Bought the "dip" initially and got fucked, finally knew it was dead when 20 week SMA broke. Got back in around 200 week MA test in Dec '18

Cool, grats. All praise Asuka, I guess.

I only made it through 2013-14 because I was in school at the time and just stopped paying attention to the stupid magic beans I wasted a grand on

funny how shit works sometimes

Found the dumb money.

Exactly, and all the volume will come following into LINK, Next year Link will be at 35% dominance and BTC will be 34%.

Attached: 1525497286822.jpg (400x711, 41K)

The apex of that triangle goes all the way to mid-October. We might still get another bounce from the 9.4k base to low 10k's before finally getting resolution on that formation. We really need a break of this trendline from 14k to turn turbo bulltard.

>funny how shit works sometimes

It really is. Good luck.

Its so fucking obvious we are going to crash to new lows. I literally want all bulls to kill themselves in minecraft for their stupidity.

is two flats code for child sex slave?

This is the most obvious outcome. Sadly biz is too low iq to realize this.

Looks like sub 9k is coming soon

Attached: 1563543627944.png (1313x1398, 841K)

Like seriously how can you look at this chart and think will see a bullish scenario lmao

Right. Most whales and smart money just hold BTC as investment for long term (+5years).

Trading is a tool to make money from people that dont go to casino or gambling websites.

>respect the upside wicks
>don't respect the downside wicks

confirmation bias is not your friend.

it is if youre right

Halvening right around the corner

Attached: xBTC-PRICE-HISTORY-LOG-SCALE-colorful-2018-05-10.png.pagespeed.ic.sw8TcGL9Zk.png (1055x765, 82K)

I can’t wait another year you faggot nigger.

your chart is already wrong

Attached: fockjannies.png (1080x647, 42K)

here comes the dump

NVT has been telling people to short since april, and guess what? shooters are all liquidated. indicators are good until they’re not and NVT is dead. price action and trend reigns supreme.

*shorters

No, NVT predicted the bull trap actually

Attached: webullnow.png (1080x647, 87K)

just buy VID and enjoy no-dumps life, they guarantee the price

(Mark Douglas is a looser who made money seeling you "get rich quick" fantasy". He is fucking idiot)
>people who didnt buy below 10k and are afraid they are missing the train, so in their last desperate attemt they try to fud it, to push the price down to get in.

You will all fomo in at 14k

>TA is literally all that matters in crypto and until you realize this you will always be a stupid newshit

This. I cringe at retarded newfags parrotting muh TA doesn't work shit. I did the same a few years ago, thought I was so fucking clever.

It's literally all that matters in crypto. The best argument against it is shit like "b-b-but TA can't predict exchange hacks or Vitalik dying in a car crash, c-c-can it, huh?!?!"

Retards.

Anyway I just hodl these days because I made so fucking much money with basic TA and pattern recognition. Not even short-term shit, but just knowing which coins are going to be "next", and that's almost allllll about the charts.

On the contrary, sir - TA distils and represents EVERY factor.

get a load of this TA then

COPE
Asuka meme is your only reason to live

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dude, you cant even draw trendlines

point me in the right direction?

compares 2014 situation with 2019