THE ABSOLUTE STATE OF BULLS RIGHT NOW

This time it's unironically different. Watch alt movement. This is a slight recovery phase.

>a tiny little candle

Its called an engulfing candle noob. Its a reversal

The problem for you is that within the next few days you'll see red candles way bigger than that green one.

Attached: red dildos CdoV9tIW0AABufB.jpg orig.jpg (4198x2361, 1.11M)

>Its a reversal
Why are you so stupid? What happened to you?

>you're a complete dumb

Attached: 1526949853147.png (785x757, 17K)

>most retard dude

He is right, it is loosing steam.

Op is basing his everything off this
tradingview.com/chart/BTCUSD/DTkkK0C0-Want-to-know-where-bitcoin-is-HEADED/

I personally think this is a bulltrap but I'd doubt we will go as low as op thinks..
6400 maybe?

Bears and their shorts are being anally raped right now, OP is probably near liquidation

>whole market dumps 40% over 2 weeks
>BTC daily RSI below 31
>shorts with high leverage

What could possibly go wrong?

thank you for confirming one more time that bearfags are retarded

Attached: am-ps-check-em.jpg (319x267, 12K)

bear or not, if market dumps almost 40% without recovery, at some point there is a good entry point, even if you just make 30% along the run and sell. just look up what happened the last few times daily RSI was below 31

>this is a suckers rally

>What are engulfing candles?

This but unironically

You belong to that group of autists who when they hear "bear" immediately associate it with shorting. What you fail to realize is that very very few bears engage in shorting.

What do they do then? Watch other people make money while shitposting on some obscure Chinese cartoon forum?

obviously most sell high and buy low, or just hold and buy more at the bottom

sell high? buy low? that's a concept which is beyond the understanding of Jow Forums

Attached: pepe confused.png (612x491, 98K)

Buy high sell low. Then sell it all when it finally crashes fagot.

But I fucking hate Know Your Customer law

*Breathes in deeply*

AHAHAHAHAHAHAHAHHAHAHAAHAHAHAHAHAHAHAHHAHAHAAHAHAHAHAHAHAHAHHAHAHAAHAHAHAHAHAHAHAHHAHAHA

Attached: AHAHAHAHAHHAHAHAFUCKINBEARSGETFUCKED.jpg (1815x837, 55K)

its funny cause this is actually the only thing that can happen. Since fiat is printed and circulating fiat rises exponentially. the only logical solution is that cryptos will rise exponentially, becuase of the capped supply.

Attached: U9EvTfRk update may 28 combined.png (1428x1256, 221K)

Keep dreaming. Bears ran out of steam they cannot bring it below 6.4k, wayy too much buying pressure even before that range. The fact you are salivating for cheap btc pretty much demands it wont happen you half wit.

Attached: 64C7F8D0-4674-4390-B5CF-8979315791F9.jpg (300x276, 19K)

>sell high buy low
>not shorting

Pick one

Keep dreaming faggot. We're in an uptrend now.

That literally makes no sense.
Bears don't need steam retard. Bears need LACK of steam, which is what is going on. Have you even looked a the trading volume? Yeah, didn't think so.

He means sellers are getting exaughested dumbass.
The major support is at 6.8k and it looks like it might not even get close because nobody wants to sell that low.

Also you can see this in the volume. The price is hitting higher lows with sell volume dropping off.

>The absolute state of bears

It's almost like you don't own any coins and just want to see it fail so you come to these threads to shitpost.

Attached: 1527435012353.png (1344x806, 163K)

this is true if and only if demand remains constant or increases.

Please dont get caught up in exact lexicon like an autist.
Selling pressure was gone. Bears were in control of price movement for many days, and it looked like 6.4k, a Lower low was possible. But then at 7.2 selling pressure was gone and volume dried up. There was no chance. Bears were out of control, the immensie support at 7k was too much, and bulls know that 6.4k is do or die, we didnt even reach close to it.

Im certain this correction is over now and the bear trap in a larger macro cycle
Is over.
A lot of newbs fell for it because its their first experience in a downturn of a market. As someone who lost coins in gox i can honestly say bears are faggots who are inexperienced or salty they purchases late and feel like they could get cheap btc again. The fact that btc is appealing still at a cheaper level to them by nature demands it wont go that low.

It's gonna be hilarious to see the bulls start crying in a little while :)

No,bears get tired just like bulls do.

>wayy too much buying pressure
lol where? are you hallucinating?

There's absolutely zero logical reason to believe the correction from 20k is over yet.

Attached: 1477709496055.png (534x531, 352K)

I swear you faggots act like if btc isnt going up on every minute candle at all times it means no buying pressure. Retard. We just had a green engukphing glcandlenon the daily, and if its followed by another green tomorrow that is even slightly higher its a complete reversal and textbook bullish control.

You want BTC to go down so you can buy and once you buy you become a bull. You are all retarded with your bull/bear shit.

Exactly this. The fact they want cheap btc means they are bull already, but depserate for cheap btccoz they are december buyers lmao.

Ive said it before, most bears are top buyers. Literally retards. They have no longer context or time frames because they purchased at the top and have not been in long. Anyone who purchases last January or before can see this “bear market” is more like a bear trap now.

>When a bunch of poorfags try to lecture you on a vietnamese basket weaving forum

Attached: 15835333623.jpg (900x600, 294K)

There is absolutely zero logical reason to believe the correction is not over yet.

>muh things will go down forever and forever
Please kill yourself.

Ad hom, basically you feel like you can’t contribute to this discussion.

Dont worry i can bring ot down to your level too. Your probably a lazy neet who hates TA because it requires you do tue basic minimum of effort to go learn it. You just want to hold coins and make money by doing nothing.

>bear trap
>literally down like 70% of ATH
alright champ

The state of bears right now. You fags are so delusional that the bulls are doing you a favor by putting you out of your misery.

Attached: 3101232.large.jpg (431x267, 25K)

Literally up 279,000% since inception

But ofc ur a december buyer, you have no larger context because you literally purchased st ath lmfao

Nah I just don't feel like putting any effort into trying to have a "conversation" with deluded wishful thinkers.

>hurrrr bullcucks thinks bullrun will EVER happen
>duuuurrr bulltards thinks bull runs go on forever XDDD
>however, prepare for a 2-3 year bear market ;))))

> "Bears ran out of steam..."
> "they cannot bring it..."

That's not how this works. Nor do you get what's happening. First of all, bears never "bring" any coin down. To put it simply for you: BTC is in a bearish downtrend, that's all. It's simply the way the market is. Bears understand this and they react accordingly. They aren't "doing" anything "to" the market.

By the way, we're been in a bearish downtrend ever since way before April - since early March in fact. That 1k pump in early April was not organic; it was 100% just a pump with the intention to trap bulls. Ah, but you probably didn't realize that right? You fomo'd in after that didn't you? What we're witnessing now is the consequences of that early April manipulation. Throw a rock up into the air, and down it will fall later. People here knew in early April that this exact situation was coming.

Attached: Chapter_84.png (800x1228, 1.04M)

Because a 2-3 year bear market has totally never happened in crypto before.

won't take that long, we'll probably see a bullrun in 2019 which takes us to a new ATH

the absolute state of bearcucks

Actually user, i didnt. This enitee bear trap is just that. I purchased many years ago though so i play on larger timeframes than all your december buyers. I just know this larger besr trap since january will end soon due to many indicators.

So carry on thinking that your 1k pumps are bull traps or whatever, or your 1k dumps are bear traps. This entire downleg is the bear trap.
I dont even look at anything less than daily charts.

And yes bears do control price movement. Jfc what am i reading

Significant daily candle confirmed. BULL RUN IS BACK BABY. Buy now or forever hold your piece. You will never ever see bitcoin under five figures ever again.

They conveniently ignore that becuase they're desperate for gains. Most of the self-proclaimed bulls here bought above 9k, many above 14k etc. They're tired of the bear market and want a quick moon ride so they can break even.

>This entire downleg is the bear trap.
>actually being this retarded

nope i got x40 in december and now i margin trade you low iq cuck

Go look at summer 2013 bear trap.
Then zoom in.
Then go look at now

Like i said, if you only entred this sphere in last few months im not surprised you only have short time frames
As context.

Brainlet here, what indicators are you basing your judgements on?

OMG like totes your goats Becky you are adorable bb.

I love how butthurt you permabulls get. It's the only reason I post.

bearfags are so easy to bait

Only someone unfamiliar with channel 4 thinks anons rage was not present before his posts.

Look at us losers trying to have a discussion.
What have you contributed?

You must have bought in December then.
You have to play the macro time frame.
I don't think we even hit the main bubble yet.
We have never left the bull market.

Attached: 1527180792530.png (1639x863, 183K)

That cope is so satisfying tho

Attached: May 29.png (1407x508, 56K)

what's with that scale?

forgot text:
You guys really need to zoom out. You'll get a much better understanding that way.

bull here
bought at 3k 4k and 2k around septmeber.
Why would anyone want the market to go down?
the only answer is cope.
im in it for the long run and if you are not just sell and stop posting here.
Its not about the price
its about the memes and the tech.

Attached: Untitled.png (1152x835, 592K)

We are repeating the correction of 2014 to July 2015, only difference being this time it happens quicker.

Its logarithmic scale.
Its better to use because percentage moves the same as the y- axis if that makes sense.

So an increase from 22 to 70 would be the same as an increase from 850 to 2750.

i have looked at log scales and they look nothing like that pic. that's why i asked.

This.

Pajeets in the screets!

I can repeat that once again...

Attached: 1525630549028s.jpg (124x125, 3K)

>loosing

Attached: 1525904194485.jpg (900x900, 74K)

kek