What the fuck is going on
What the fuck is going on
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This is what a reversal looks like.
Yes, but why?: I was going to buy in this morning and it was $1000 more than yesterday. Now I don't want to do it because I thought it was going to plummet back to $6500 like it has been every day for the last 4 weeks. But now it just keeps rising.
Yessss, let the FOMO surge through your body....
of course you wouldn't buy immediately after a $1000 jump
BUT somebody is, so fucking who???
Bart's getting a longer haircut this time
pamp it
Probably kate and all the other cucks who just had their shorts BTFO, FOMOing back in long with fresh, valuable FIAT
Me . You dump fucks dont know the bogs hidden order book is out . This is what institunal money looks like
everyone's been calling the apocalypse, gloom and doom for months
AKA the biggest whales have been paying to manipulate sentiment here and on other boards, a shit ton of shorts have been squeezed (fleecing many millionaires of their millions in the process), and we officially bounced up and out of the bottom and are now resuming our bullish uptrend
Soros and the Rockefellers. Old Money is finally entering the game.
Then comes the tutes. gg.
Bought 5.91 ETH at $490/ETH with loaned DAI from a cdp.
Y'all niggas stay poor.
everyone who thinks the bull has been unleashed
It's a fake breakout.
You stupid niggers, enjoy losing your money FOMOing again.
I think the release of Brass Golem changed a lot of minds on Wall Street about the potential of blockchain. We've entered the era of actual working dapps that benefit society. (MakerDAO was actually the first)
if everyone fomoes everyone wins
The just had few months ago a perfect example of the Greatest Fool Theory.
It's too soon to start a new one, we need way more time and another big catalyst.
plsbtru
>Now I don't want to do it because I thought it was going to plummet back to $6500 like it has been every day for the last 4 weeks
>durrr it'll keep dumping forever and ever
>$6500 was the obvious bottom? what does this mean?
that's fucked up desu
Because the people who manipulate the market decided this is what they want to do
Who is manipulating the market?
How much money are (((they))) using to do this?
WE RICH NOW BOY
the bear market is over
Happens everytime. Alts rise. btc goes up and cucks alts, btc goes down and alts go down even more. Repeat every month or so.
Sminem caged the bear
I got kicked out of the cafe for laughing my as off and knocking something over. This goofy fucking kid and the bears lmao.
The singularity.
>things that never happened
>was going to buy this morning
>now i dont want to do it
>thought it was going to plummet
>just keeps rising
never change
buy high/ sell low
a huge bart formation
its what happens when the selling stops but the accumulation doesn't
This is babby's first recovery, isn't it?
shit, it seems like its all of Jow Forums's first recovery
bunch of fucking newcoiners
One of two:
1.) Its a nice little reversal that gives us all hope
2.) Its the beginning to the biggest Bartening yet
Judging by the stale memes ITT it is bull trap
$6500 was the bottom you absolute shit cunt fuck. nique ta mere
This cant be it. The pump wasn’t organic at all, it bounced $1,000 in 30minutes.
There was a sudden purchase of about $273,000,000 USD worth of BTC within a few minutes
wut did he mean by this
SHORT SQUEEZE
Fucking WHO is dumping that much into this?
It seems like amateur trading isn’t affecting the price at all, the price just BARTS until a whale speculator decides he wants to pump/dump.
Yep. It's a very Soros-y kind of move, but that doesn't necessarily mean anything. Like many people have mentioned, though it was only just recently released that he's getting into crypto, it seems more likely that he's been invested for awhile. Regardless of who it is, seems like someone is definitely short squeezing.
It will always be the whales who move the market like this, then the little fishes FOMO in/out and keep momentum moving in whatever way the whales started pushing.
Faggots listen. All that matters is that we get normie's money and no normie gives a shit about your chink conspiracy shitcoin. Stop the autism and put your energy behind the only crypto that matters. You don't know shit about actual blockchain technology, admit it. You just want an excuse to suck conspiracy cocks cuz you're faggots.
At a certain point everyone who wants out gets out, yeah? And everyone who wants to ride it up holds until it hits their target? Did we finally shake out the weak hands?
LMAO, it's a rut, just like 6100 in Feb (smaller tho), but No way this is a long term reversal.
>little fishes FOMO
desu this part is what i feel most comfortable making predictive bets on
this green dildo could be seen coming a mile way though
M A Y
A
Y
fyi there is about to be a breakout
i think itll up in just a minute
Just run of the mill market manipulation, get ready for the mother of all drops.
k i was wrong.. it "broke down"
but it still broke
how do you guys know which way breakouts will go?? RSI?? in this case the RSI was low.
fuck, actually the real breakout is going to be in about an hour, but there was a kind of "mini breakout" that just went down but it's forming a descending triangle
>these are the people giving TA advice on biz
are you fucking retarded.. do you not see the triangle?
btw im not "giving advice," im trying to learn so i was asking if anyone knew better than me
Who is unironically buying BTC at almost $8k when it was 6.5k this weekend?
WHO
No momentum to follow up this pump. We're going to correct downward.
(30m)
no i dont see the triangle, can you draw on the graph with some crayons for me?
>hurr im such pro analyst i can draw straight lines like the big bros
"When I see a bubble forming, I rush in to buy it." - George Soros
WELL I WAS RIGHT
sort of.. there is this kind of "mini breakout" thing going on where the spikes turn into parts of a new triangle and further consolidation
>What the fuck is going on
Nothing is going on
Look at the volume
It's dead
Market literally only moves on whale squeezes
>not scalping bart's hair
it's like you don't want free money
0.1-0.2 percent is trading fee so even a 0.4 move is easily scalable
We just ate through a 120 BTC sell whall.... oh my god
IT'S HAPPENING
I BELIEVO IN THE VIVO $100 EOM
WHO TOLD YOU IT WAS GOING TO BREAK OUT??!?!?!
I FUGGIN TOLD YOU MOTHER FUCKERS
BTFO: My timing was a bit off but it still happened very near where i said it would!!
Go to hell you fucking haters!
Nobody cares faggot child.
oh shit. Blew past the 8k stop sign like there were no cops around.
Also I love Taylor swift
you shud care begoz u cud make mad dosh if ud liben to me
MEME TRIANGLES ARE A VIABLE STRATEGY ALL YOU FUCKING HATERS CAN SUCK ON MY HAIRY FUCKING BALLS!!!
I'm happy for this pump and I'm happy for you.. but please... stop acting like a fucking child. you got lucky.
you fell for the jew trap saying crypto was dead while they bought up
WHAT HAVE WE LEARNED TODAY CLASS???
NEVER DOUBT YOURSELF AND THE BODY OF THE CANDLES ARE MORE VALUABLE THAN THE WICKS WHEN DRAWING MEME TRIANGLES
DONT LET YOUR DREAMS BE MEMES
>say up or down
>wait 5 minutes
>50% of being right
>SEEE I TOLD YOU FUCKING FAGGOTS I KNEW IT ALL ALONG I AM SO GOOD
kys
LMAO
>you got lucky.
bawhawhhwhawhawhawhaha
you think a poker player gets lucky???
you think think card counters get lucky????
ASK NOT THE SPARROW HOW THE EAGLE SOARS!!!!
% of being right
nahhh i said ABOUT an hour as in the hour was the lowest value and i was just too lazy to write that it was 1-2 hours
you can doubt me all you want but it just makes you a shittier trader in the long run
keep hodlin tho see how that works for you
ah yes... the inverse bart. we'll soon be millionaires if my calculations are correct.
Big moves coming before April 18th. I'm targeting 10k on April 18th, liquidate some gains to lock them in and let the rest run
>stop sign
i dont think you meant it this way but that should be the name of a candle lol
like a red candle with a giant downward wick.. get it? like a stop sign
red hammers are now "stop signs" guys.. you heard it hear first
t. user who predicted last breakout
>pump
Also, breakouts and short squeezes are different that pumps. Although a pump can cause a bigger short squeeze. This last move was a real breakout though. There was a peak in volume during the start of it and during the consolidation phase there was reductions in volume. It wasn't manipulation in the strictest sense.
Might wanna watch this before you bet on that:
youtu.be
As you can see from pic related the lower highs correlate with a trend line that points DOWN. So not really into a bull market yet.
So we're going back down?
Not long now
soros is going all in
bit by bit
I'm not the best at predicting long term trends but i think it's pretty clear that there is a lot of uncertainty around crypto's future and if nothing else people do not trust that the price will continue going up. I think the doubt will drown out the euphoria this time. So yeah i think we will continue seeing these lower lows and lower highs tbqh.
That doesn't mean you can't make money though and that crypto will be wiped out. I just keep my money in tether and trade the fluctuations. Lately it has worked so i think it's a viable strategy.
So I should I sell right now?
if this weekly candle can close green, should mark early signs of exhaustion. Dead cat bounce.
On the other hand ether could go to 600$.
not necessarily
dont forget to look at bitcoin shorts on trading view (just google that) and even i had forgot to keep looking at it just now
in pic related the last green candle before the big red one occurred exactly 15 minutes before the price spike which means this is probably just another short squeeze
now this might be speculatory but the guys doing the squeezing might have had a confidence boost from the earlier spike so they tried it again.. but idk it might just be more "organic" than that
Sellers making use of that retard that bought. Watch it drop to lower lows next week. You can already see the buying is being surpressed. This is a good sign when there's already a bear market.
You might be the only one on this board actually making sense. Glad to see you're in it to make money and not to stroke your ego.
Agreed, wish there was a way to keep in contact wiith somebody on Jow Forums
RETARD
E
T
A
R
D
That's up to you boss.. you have to do what is right for you.. i keep my money in tether and only profit from trading. I don't ever hodl though so don't take that as me saying you "should" sell.
But I mean the RSI shows over bought and a few other things so we might be at the peak of the last spike. IDK though man you really have to make your own mind up. I can't take responsibility for your trades and we probably have very different trading styles. Regardless though, it might go back down now and then go back up later or maybe not.. I'll be honest though I would have *already* sold and we are in the next moment of consolidation and indecision. No matter what though as long as you have your head in the game you can take profits in the next breakouts or fluctuations. If you are a hodler then i might not be the best person to give you advice.. except that I personally never feel comfortable hodling.
>signs of exhaustion
You mean exhaustion of the bears or am i retarded?
Institutional buyers most likely. I doubt a whale could have cashed out that much in December when it was taking ages and money was going missing
Someone who wants to really shake out the last of the shorts
If you're at a hefty profit, yes.
get in