Bitcoin: MASSIVE RESISTANCE @ 200 EMA / 61,8 Fibonacci
Bitcoins going to 100k. Deal with it.
BUY DGB!
TA has its place and is a useful tool. But pretty much every "expert" on TA has been miscalling shit left and right over the last two weeks. Magic Poop Cannon, DarkEnergy whatever, etc... these guys have been way, WAY the fuck off. It was easy for them to be right when all we did was fall and they kept saying "yeah, it's going down."
Fucking sold this shit at 9350, can't take these dumps anymore. Will buy back at 8900.
PREPARE YOUR ANUS
I don't think anyone here believes it isn't. Obviously, however, the bullrun to 100k isn't anywhere close to beginning yet.
>Magic Poop Cannon, DarkEnergy whatever, etc
this guys are clowns like marius
literally 99% of top posters on tradingview are clowns that only can entertain their readers
Rule #1 of TradingView: Ignore the "top posters" or do the opposite of what they recommend.
Good analysis is almost never to be found on the front page of BTCUSD. You need to browse through the newest additions, and go back in time, to manually find people who actually know what they're doing.
The shitcannon and niggerenergy are absolute garbage and you can almost use them as contraindicators.
we might be wrong
but something is odd
that said, it might pump to 10K levels, but I know a trap when I see one
so you're saying this complete clear and strict pattern wont continue?
stop watching bot exchanges and focus more on human exchanges. It paints a clear picture. The pattern can only continue if more Fiat is willing to play the game
>they believe that everything is organic
>they think TA works
u guys have been wrong for 2 weeks straight
That's artificial - not organic growth.
>muh TA
fucking hilarious
Yeah agreed, BTC basically stands still (goes up then back down) under this level and brainlets keep saying it's a bullrun. People who put out analysis like OPs have been proven correct by now.
>its did something I didn't want it to do
>m-m-manipulation
i hear you but it doesn't matter if it's shorts being liquidated or just straight manipulation, fact is that the market follows the powers that be. but i'd be ready for a 6000BTC as well
the goal is to trick more regular people into the game. The relevant psychological question for now is, is a pump better to get more fomo buyer or is a drop better to signal a look how cheap it is. With normies who still wait to break even in the game after they fell for le epic hodl, rational would be the later, but who knows. Personally I'm comfy in my position. I can take a 70% down without any issues, and if it goes up also great
>resistance
i think you mean support
10k is the trap.
so bumping it to 10K, watching the fomo to 10Kx - 11Kx and then saging it? That would be a mean move, but I believe it
its one outcome that you need to prepare for.
either way btc is gonna go exponential at the range. either up into the biggest bull market yet or down into another 2014
I have a feeling somebody is going to lose a lot of money. Kobayashi shouldn't have been let in on the game. Never trust a jap
You're confused. Japs aren't Jews.
Japanese people are generally very trustable and honorable.
I'm bullish on the 4 hour timeframe.
till we hit $9650-9700
>t. never lived in Japan or really even spoken to an actual Japanese person
pre Hiroshima japs yes
the americanized japs not so much
But regarding Kobayashi and the agreement he made to not disturb the market and being able to honour his goal of giving mtgox creditors back their money is a risky play, as those he is probably cooperating with might not be interested in making magical tux one of the richest douches alive, and maybe Kobi knows it. But time will tell, watching the drama unfold is halve of the fun anyway
In theory we should break through $9800 without breaking a sweat. Hardly any high value transactions beyond $9200.
BTC corrected twice already - OP thinks we are going to correct again. BTC was oversold twice in 2-3 months.
However - we may see a correction once BTC gets overbought on the a day chart but the pullback won't be that extreme alll the way to 6k because we got a huge value node at $8200.
it was manipulated to get to $19k
it will be manipulated to get to $4k
that's all you need to know
dumb fagots still trying to ta btc, it'll go where it's needs to go.
so unless you saw the current version of the game plan just kys
Every market has composite operators. Nothing new. Your job is to figure who these niggaz are and what they are doing.
This is why T.A is necessary.
Still comes down to orderflow and volume imbalance footprints.
I've been trying to warn bulls about this but they're so fucking irrational and emotion driven they refuse to lsiten.