Same shit like in 2014?

Went bellow 50wma, retested from bellow and rejected just like in 2014....another week of sideways and than into the dump it goes....

What do you think Jow Forums?....im not predicting the future but it sure as hell doesnt smell good.....

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that you are idiot

yes frien i am indeed idiot sir, say hello to ranjeet

anyone who disagrees is pajet o-ok user your argument is sound

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well if you disagree than tell me why....

the last five times the daily rsi failed to 30 we always see higher low i also find stupid comparing the market in 2014 with today market thats about it

cool thanks for you constructive tought. we could have got to this stage earlier without having to insult each other and saving time....just saying

i can't help myself

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b/c your to new to understand what was going on in ''14....

Current daily RSI is 42. We're WAAAAAY above being oversold.

are you real? i said that the last time we dropped to 30 rsi we see higher low
is this statement false?
2017 07.16 price 1830
2017.09.15 price 3000
2018.02.04 price 5963
2018 03.29 price 6496
2018 05.28 price 7056

nah i actually started following it in 2014....bought a bit, sold a bit, broke eaven and went away...buy i kinda remember those days

pretty much.
it needs a big fat miracle candle to save it

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BCH is the ticker to watch.
Next 2 weeks are crucial.
Don't know which way.

if btc shits the bed everything will shit the bed, just like always

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Doubt it

If Btc shits the bed all the miners will switch to bch

explain why, every time btc dumps the whole market dumps without exceptions....bch will go down to so its not like they are going to be economicaly incentivized to mine bch....

dumb nigger get the fuck off my board

all the real money is in bitcoin

what triggered you?

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good thing is it should take less time this time

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should...

indeed this is just ta after all

it will almost certainly take less time. there's nothing to worry about unless we have another gox level event

If tether blew up right now we'd be fucked.

markets aren't always obvious/rational
- The current bear could be because of Mt.Gox selling their coins, which could take a long time.
- The current bear could be because of the insane bubble/hype that happened in 2017 and we need to cool off now for a long time. Maybe much longer than in 2014, because the run-up then involved much less money and people.
- A new economical crisis can happen soon, which might not bring more money into crypto, but actually less. People will lose jobs and have less money/willingness to invest, people have to start selling their investments (also cryptos) to cover debts. Gold price hasn't skyrocketed during every crisis.

There is no certainty.

yes a tether explosion would send us into a +3 year bear-market for sure

Don't worry, some guy on the r/bitcoin said it will be at 110k next year.

thx just bought 110k

I just turned bearish because both trendlines holding this bounce from ~7k got broken. I was pretty confident but now I feel like we are going to retest couple supports before regaining the trend. Looking forward to buy into the bounces on the way though.