We are now at capitulation phase

Implying were still not at the first dip on that chart

we're in bull trap desu

Back ton mean soon then another cycle

>down 80% is the bull trap

No we are just JUST starting to approach "fear". You'll see. Capitulation will be at $100 per BTC and despair at $5. Then $150,000 by end of year.
>every fucking "just one more dip and then I feel we are going to moon" shill commenting retard ever

Sounds a lot like fear to me user

Well btc was under a dollar couple years back so there is room to crash

approaching fear, despair must be around < $1000

Slash thread

No way... please don't say this... i don't want to lose all my money.

This

we're in bull trap

We are unironically in some late denial phase.
Some faggot with a lot of money keeps pumping in millions of dollars every time a giant selloff pushes it below 6500.
It's an irrational behaviour because if they just stacked their orders on the books they would pay less in fees and get their BTC for way cheaper.

We've been in capitulation. It's now just impacting the major alts more.

Attached: fob.png (263x197, 150K)

I can't possibly see this shit crashing much further.

These prices are almost back to China FUD levels from last summer, before the normie rush, that was a pretty massive crash.

- Peep Leader out

>I can't possibly see this shit crashing much further.
kek, you haven't been in crypto long enough obviously

Well at least its almost over

>Bitcoin will never be under 8K again
>Bitcoin will never be under 7K again
>Bitcoin will never be under 6K again
>Bitcoin will never be under 5K again
>Bitcoin will never be under 4K again

Attached: 1518735409384.jpg (640x640, 74K)

We are at denial. This will take years to recover.

Not even past "denial".

Haha we are in the Bear trap

Hold fiat

Lmao it will not recover to ath prices

the fact that people are denying this are just fucking reinforcing the point. they think btc can just keep going up forever but can't fathom the opposite. what fucking brainlets lmao. also unironically boasting about log chart because btc gains are exponential but discredits the log chart when tacked onto the meme chart because it would be too fucking scary for them to accept the fact that btc is going back below $1k.

take off.

dubs of truth

Unironically most realistic scenario. Prepare to sell of on the bull trap top if you're still le hodling.

You misunderstood me a bit here, as we share most of these views. I am completely with you that any price above 2k is ridiculus. I left the market early December, because everything went bonkers.

But most people are not yet below denial. They still are sure about "BTC will recover, there is no other possibility" and boasting about "buy and hold" or "just bought more".

its going three digits...

Still at fear.

already below mean line. what does this mean?

Attached: deathspair.png (1998x652, 60K)

Let the line start 2016 and repost the graph.

Means we’re going sub 1k. Simple. Screen cap this.

-White Whale

somebody draw a stupid meme and everybody actually takes it seriously.
>absolute state of biz

That's a really nice starting point.

Attached: 2016.png (2015x704, 45K)

Prepare for trendreversal, bear will fuck off, shorters will get liquidated.

Attached: Last dip.png (1341x791, 318K)

Attached: ok.jpg (300x168, 6K)

Short it on bitmex.

>take off
We haven't even reached that phase yet

yeah, should get really fast down from here

1k in a week isn't impossible

you guys realize just when everyone thinks. "fuck it's over. we just short now for easy money." (((they))) reverse so general idiots lose their money again. average investor is really slow to make a move and they just now figuring out to short it.