BTC long-term forecast

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Bear trap

>being this retarded

You're confused as to what the words "bear" and "bull" mean. They mean the opposite of what you think they mean. You're using the word "bear" incorrectly.

wew lad

5 year long cup and handle confirmed

K. so.. I hold down to 4k, but eventually we jump to 150k.
Or... I sell at 8k, Buy in at 4k, but eventually we jump to 150k.

Whoop De Fucking Doo. Literly, Whoop de fucking doo.. 4k difference to a 138k difference.

Better idea.
Just hold, And buy some more at 4k

holy shit

Also, the markets MUCH different now.
Look at 2014-2015 block, compared to 2018-july

The entire arch between 2014-july took almost half a year to complete....
yet look at 2018-July - the same pattern that took almost half a year 2014 time, took months 2018 time.

Markets changed.
long term TA is useless.


and...
2016
2017
2018 have all spurred bullruns...

if you think that now, with all this bitcoin news all over its gonna go bearish... your a goddamned fool.

i bet if the log chart looked like shit people wouldnt use it

No, it's going up. Maybe not btc, but bch or the market cap in general. Fuck this shitcoin.

But I want to be rich now!!

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You seem to be missing something important...

Let's say you have 10 BTC right now. And let's you sell those 10 BTC now. You get $91 000 for that now. If BTC goes to $4000, and you buy then with all the $91 000, then you get 22.75 BTC.

That means that later when BTC is at $150 000, then those 22.75 BTC are worth $3 412 500.

If you only hold the 10 BTC, then at $150 000, they would be worth $1 500 000. In comparison that's significantly less. That's $1 912 500 less, than you'd have (at 150k) if you sold the 10 BTC at $9000 and used those resulting $91 000 to buy BTC at $4000.

You wrote "just hold and buy more" -- sure, you'll make plenty of gains that way too. But you're still "losing" the 12.75 "free" BTC, in other words the $1 912 500. Don't you see that?

You can of course sell the 10 BTC now (thus getting yourself 12.75 extra BTC), and use BOTH those $91 000 AND also buy some additional BTC with funds sourced from fiat, when it is at $4000.

>that mega long-term rising wedge

Might be safer for some people to only sell a percentage so they dont mess up the timing.

Of course.

You seem to be missing something important...

>Your 50/05 shot goes the other way
>It continues to climb
>Fuck
>Fomo back in.
>Less BTC.

Timing the market is impossible. Flat out. Buy in to a point and cash out, thats how you make profits. Period.
Bitcoin works like gold, Hold gold.
Trade alt-coins - They fux and gain much more in a smaller window then bitcoin does.

>Also, Stop typing like reddit you faggot.

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That's why you get skilled at TA so you don't have to worry. But of course, you will just whine that TA is meme and nonsense, and thus you'll stay poorer than those of us who understand it and use it to our benefit.

>Stop typing like reddit you faggot.

I wasn't, you retard. It just happens to look like that when displayed. See pic related, that's how it looked when writing it.

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TA is a meme though.

I say 2022, but I never thought BTC would be a $20k in 2017 back in 2015, so idk.

The wrong things here is try to timing the market. No one will know what kind of fucking shitty ass btc will go in the next few days or month or the next years. you can use your knowledge to predict what will happen in the next few hours or minus or month if y actually gud enough y hit it but here is the thing in the other way of saying is that y guys just based luck and guest by math and news. so no matter what kind of investors y are hodler, ta frags etc the chance y will your all of your or double,x1000 money on the next days is 50/50 m8 and to me ta frags is just using that 50% chance more efficient than a hodler.

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>Also, Stop typing like reddit you faggot.

great addition, you gave your argument a strong conclusion labeling someone as a redditor.

also you must spend an awful amount of time on reddit to know how they type.

and just because someone uses breaks doesn't mean they're a redditor.

correlation does not equal causation.

Meme lines would be relevant if this was an established market (which is it not), or even if the events leading to the crashes in 2018 and 2014 were comparable (not even in the slightest).

You can put trend lines on anything.

Also, every other TA chart has been wrong so far. New TA fags keep coming on here, every one of them has a different chart, and everyone of them so far has got BTFO. The chances that your chart is wrong is very high. But that would matter, because you'll find another chart that fits the historical data better when BTC doesn't conform to the chart you have now, and I can't wait to see it then.

But that won't matter**

>Durrr durr look at my chart I made a bunch of money from it burrrfhuhuhu stay poor non ta fags dururur

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So you're saying xrp is going over $5? Damn, thanks dude, just went all in.

just bought 100k

Being this mad to reply twice. Jesus dude.

TA doesnt work anymore becuase we are now in a new market, with trends we don't really know..
If you knew- you would agree.. before we had underweb trading, miners and users who just held bitcoin.
But now, its valued higher then ever, traded higher then ever... and you have complete fucking institutions who bart this coin
at the very whim for no reason. TA, does not apply anymore. Maybe once it level sure.. Now its seriously just hodl

I also, do not give a flying fuck about TA cuz im holding about 3.93mil ( 341btc) I belived in this garbage back in 2012 - and its paid off -
and i still believe we are just getting started

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>we are now in a new market
no, it the same market that existed for 100 years, where no one gives a fuck about asset and trades price difference

Sir? May I perchance trouble you for an explanation of these technicalities sir?

>double your holdings
>Whoop De Fucking Doo

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it would be closer to 2-2.5 years. In either case it looks like it wont go much lower in price which means alts will flourish... right?

who the fuck says it goes to 4k? If he somehow knew for sure it was dropping of course he would sell and buy back.

You always run the risk of selling and getting left behind.

Long term forecast bitcoin gets flipped by ETH some time in Q3 corecucks eat shit and then get flipped by BCH

For all you fools waiting to hit 4k.. we arent going there. Do yourself a favour and do not plan to buy at 4k because we are past that. 6k is the lowest we got from a 4 month long bear market. The market has recovered, support will be found a many levels before we hit 4k it simply wont happen.
Actually no, please of out for the 4k scenario.. and fomo in at 15k. Never change biz