Pink is what bears think happen

tradingview.com/x/VFhMAORV/

pink because bears are gay

meanwhile in the real world lmax.com/press-centre/lmax-exchange-group-brings-crypto-currencies-to-the-mainstream-with-institutional-only-exchange

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Other urls found in this thread:

tradingview.com/chart/BTCUSD/DTkkK0C0
tradingview.com/chart/BLX/RZvivqDM-60-100K-EOY/
youtube.com/watch?v=XbZ8zDpX2Mg
twitter.com/SFWRedditGifs

another half year of bear market would be a blessing since it would give us more time to accumulate before the inevitable 100k/btc run

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>inevitable 100k/btc run

Utter delusion. Why would They take it to 100k? What do they gain from it?

They profit from small moves with high leverage. We profit from big moves with no leverage.

And *They* are in charge.

>inevitable 100k/btc run
You cryptofags are ADORABLE. You'll believe anything!

Bitcoin has yet to see true capitulation. They won't pump it until every last weak handed normie has been shaken out.

really think about your theory and think about how it would turn out in reality.
yes, indeed, i'd feel stupid just about now, as well...

"they" dont have as much control over crypto as you guys are telling yourself. as soon as the public gets exposed to what companies are using what blockchain product, there wont be any limits.

Fees you moron. Binance started up last year and made $300m profit. Exchanges & hyping up a new asset class is a perfect way to scalp without exposure. Plus they get to enter the market & diversify their hedgefunds creating less risk and obtaining some control over the market.

Its a win-win for everyone. This is the revolution endless incentive loops.

Ive been saying it for a long time, bears are all salty faggots who purchased in december or january, or Q4 in general.

Anyone who has been in pre 2017 knows that long term parabolic growth is still intact. As someone who lost coins in Gox i fucking laugh at peoples “first bear market”. This is not a bear market bitch this is ur first experience of a correction.

Your utterly misinformed if you subscribe to the conspiracy that leverage trading limits price action. Its only true in short term not long term

>pink is what bears think happen
nope.

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This is what bears "believe":

tradingview.com/chart/BTCUSD/DTkkK0C0

I'm a bear and I don't think anything close to pink will happen.
as always, OP is a phaggot.

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tradingview.com/chart/BLX/RZvivqDM-60-100K-EOY/
here is another chart "100kek by eoy" made by OP 2 weeks ago, make your own conclusions kek

Attached: 100kek eoy.png (1325x930, 245K)

>not drawing the memeline onto each of the 3 peaks

ATH has been reached anons

your welcome fags

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This is without question a bear market you delusional fuck. One of the worst bitcoin has seem

Not till 6.4k is broken. Then its confirmed on all time frames and trend lines. Atm parabolic growth is still intact. Go look at a chart noob

>more volume every year
>more fiat ramps every year
>more institutional and hedgefund investors every year
>more news every year
>more exposure year after year after year

and all of you fucking degenerate gamblers are betting on it going DOWN this year to try to maximize your long term gains... it's clear that by not holding a bag, you've already brought yourselves to consider suicide for missing out on the greatest opportunity to change your shitty lives. in the long run you lot are trading shitcoins and praying to fuck all that BTC goes down so that you have more time to accumulate.

>they're here now.
>you cannot accumulate unless you are extremely patient
>they will take your fucking coins.

>btc needs to break a level that it already broke a few months ago to confirm a bear market

You’re a lost cause

Lol, its the most basic TA. The fundamental which is only one worth using.

6k was a bottom, then we hit 6.4k as a HIGHER LOW. If we close this downtrend at higher low yet again, then long term parabolic growth is in tact. If we close at a lower low then bear market is CONFIRMED. Till then its technically a correction. The second we close a lower low after a lower high then bull market is over and most longs will become bears. And bulls know this, will do everything to keep ot above 6.4.

If we close below 6,4 at all, the next bottom is 3.5k, not “5k” or any random number bear faggots want because they entered late. 3.5k is the last resistence before we went parabolic. If 3.5k breaks 1k is next support which was the top resistence of the 2014 bubble. If that breaks bitcoin is dead.

What has really happened in bitcoin in the last few years? To me it seems like adoption is going in reverse. Steam, Reddit, Stripe and several other major companies have stopped accepting it. And for the ones that still do, usage remains extremely low. Trading volume and tx count has increased, but everyone is just in it for speculation. Most don't even technically own any crypto, they just keep it in services like coinbase or exchanges where it might as well be fiat. I've been in bitcoin since 2011 and I've never been more bearish than now. It's becoming increasingly clear that pure cryptocurrency will forever remain a niche.

Should i get back in with my stuff i cashed out back in Jan?

There’s no such thing as a 6 month 75% correction you mong. We’ve been bear since December.

Bear markets are macrocycles, they aren’t determined via price action on short term frames.
Like i said, it could have been a bear market all along, but if we close above 6.4k and then make a higher high above 10k then we resume parabolic growth.

If it bubbles one last wave up as it dod in 2013 till 2014 then you will zoom out on this “bear market” as a correction.

Zoom out and look at the last wave of the 2012-2014 bubble for an example of a bear trap.

man, I would literally kill myself if I got liquidated and missed the bull run that changes history

thanks for your screencap, nice material

Holy fuck if pink is true I'm seriously mother fucked. Tulips aren't even 70 cents

what will actually happen is somewhere in the middle--we dip to 5k or 3.5k and then skyrocket to 100k

screencap this

I applied to work for these guys, they know their shit. They come from a hyper traditional background. Imagine them as a market maker, allowing businesses to trade shares OTC as opposed to via traditional exchanges.

These guys taking an interest in BTC is very fucking big. It means businesses want to be able to trade BTC outside of exchanges.

On the downside, even once the product is live, if businesses dont want BTC this news is pretty much a non event.

You oldfags are the reason I come to biz. Listen to people who've invested for years and that know this market because they went through the ups and downs. Bitcoin will be $1,000,000 one day. ((They)) know this is where money will be in 10 years.

I dont have any more money to buy asshole I need it to go up now!

holy fuck you are deluded. i wish i could think like you life might be more hopeful

dollar cost average

youtube.com/watch?v=XbZ8zDpX2Mg

Short term: Going down and sideways
Long term: Going up and up

Crypto-currencies!=Bitcoin you idiot

Hmm im bullish but not that bullish. I predict a final leg up to 50-100k before a real bubble pop back down to 10k or so.

Maybe the next bubble will reach higher but imo i dont think 1m usd ever, 250k maybe.

this

It's close, despair is at ATH

get in on the short before it hits 1k

Why doesn't everyone on biz make this much sense?

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