pic related.
147 days of bull = that lead to 630 days of bear
> 630/147 = 4.2857142857142857142857142857143
So...
850 days of bull = 3642 days of bear
> because 850*4.2857142857142857142857142857143 = 3642.8571428571428571428571428569
3642 days is nearly 10 years (9 years and 357 days).
sell everything you have !
>comparing a shit speculative 2014 btc market to 2018.
never gonna make it
bears getting desperate
and im not even that bullish
>Technical analysis
If things are going to repeat like they did in 2014, shouldn't that mean we're in the mini bear between the two huge bull runs?
i agree with the closing scissor, but nobody knows what comes after. it can do up down sideways whatever. it all depends on outside events and whether trust in fiat takes a turn because say italy fucks the euro zone.
user, you see all those red and green lines at the base of your photo, just above the dates-- that's called volume. it's a little tidbit you happened to over look. now, you might notice the volume in 2014 was practically a 1/3rd from what it is starting in jan 2018. so your story was pretty neat, kind of boring, but it's missing a glaring oversight that will ultimately destroy your prediction in the end. sorry chap:(
>be brainlet
>see any chart, and automatically regurgitate the "TA is stupid" meme
>feel slightly less like a brainlet
>TA in crypto is valid
Do you honestly think that the market will 10x within this year, even after the bubble has popped, scams have still not yet died out and mainstream adoption is nowhere in sight?
Market, no. My portfolio, yes
TA is brilliantly and perfectly suited for crypto. How good your results are is 100% correlated to your skill and knowledge.
if you throw chicken guts on a plate you can 100% see the bitcoins coming price movements it just take skill and knowledge.
>hes not using TA + astrological trading + advice from his angelic guides to increase his portfolio
never gonna make it
chicken guts are easier really. good enough for minimal effort.
It's happened before is all I'm saying, which is about the same level of reasoning OP is using.
Most of it's faked.
70% of this volume comes from "Lbank". 8th "biggest" exchange right now, more volume that gdax or bitstamp. Do you know anyone that uses it?
hope you are memeing, if not you are a fucking retard
>Do you know anyone that uses it?
Yeah...all of fucking china. Retard.
crypto is dead for good unironically no market that supports the sale of baby organs will ever thrive
if there is a demand sadly there is a market.
That's the spirit!
I heard bytecoin was the monero of china, do you think it will reach a new ATH?
Or should I be buying more ethereum of [shithole]?
>850 days of bull = 3642 days of bear
>crypto will stagnate for 10 years during a period where mainnets and new projects are popping up every week
thanks OP, i'm cold storing my stack of 100@20k bitcoins for my grandchildren now.
single digit IQ detected
>147 days of bull
Actually, if you weren't so fucking retarded, you'd realize the rally that culimated in the thousand dollar ATH actually began in November 2011 before hitting the peak in November 2013, so approx 730 days of bull market.
Zoom the fuck out you retard.
lmao
you forgot that history repeats itself, so its a circular movement and you need to multiply it by pi.
so actually, we've got more like 11436 days of bear ahead. abandon all ships.
Just for a year or two, but no more 10x in the new "tamed" bitcoin era.
Korea isn't going to be pumping your mainnets
finance.yahoo.com
From 2015
institutionalinvestor.com
>In late October, CME Ventures announced a new investment, in New York–based Digital Currency Group, whose mission is to build a better financial system using blockchain and digital currencies.
It was tamed when it hit 1300 at 2013-2014.
It could get down to 1-2k which would make it cheap enough people would buy it up. That's why it makes no sense for it to drop. Bitcoin BTC is still bitcoin. BCH bitcoin cash may be the one to take the throne. Who the fuck knows.
the fundamentals have changed completely