DO NOT SELL!

I sold, we're going down until end of month so no point HODLing when I can make an easy 30%

This is honestly the world's most textbook correction and subsequent consolidation pattern

hodlers only hope. tomorrow we will get another good shit then on the 6. mega moon

Yeah. Makes sense I'm just trying to figure out the percentages.
25% now and then 10% each drop I think.

7500
7500
HODL GUYSE
WE BULLS

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Thanks for your sacrifice.

Ok, you've identified that there's oscillation but the overall trend is that it's going down and hard...

Except it isn't.

>Wait til the 6th

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WTF? Who the hell are you and why are you giving out useful advice?

>overall trend is that it's going down and hard...

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Wait for 6200. Thank me later.

The thing is, OP, if you actually know TA, you should know what symmetrical triangle is a CONTINUATION pattern. In this case, continuation of a bear market. So realistically it will pump last time to 8750 and then dump straight to hell (~3k or so).

I plan to start buying at $6k9 all the way down to wherever it stops. I suspect it wont rush down to $5k because there are quite a few big investors who plan to buy low and they know they have to beat each other to it. So they will start getting in earlier than they otherwise would have if they didnt have competition

anything below 7500 is a discount desu.
The reason is long term it oscillates around 8000.

4800

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only stupid people believe that Technical analysis is more than reading from cards
you should rather check news on the asset and technological progress

6 months of strong downtrend IS the dominant trend now, no matter what happened before.

Yea I agree. It's hard to time the bottom and usually it's just a spike. If it ever goes down to 6k again best believe the buy orders will swallow up like crazy

Higher lows and lower highs. It's a consolidation, not a downtrend, you fucktard.

Sure, but the risk is just SO much lower if you wait buy under $7k and you dont have to endure so much red arrows before you start seeing green. Because it is going down, most likely all the way to $5k despite all the manipulation along the way.

That way I won't buy at all.
Seriously I think that 6.6k is, so far as close to the bottom as possible. I think I'll wait for 6.9k like
to buy another 25% (25% now)
If it ever goes below 6.6k I'm buying more then I have budgeted for right now.
If you look at market sentiment then you can see that people would get loans or sell their cars to buy anything below 6k and for that reason I don't think it's going to happen any time soon.
I'm not an expert though and I'm probably wrong.

i would buy it like candy at that price!

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>hes not buying
>pump it and then paint a bull flag
>he fomo'd in
>put him to sleep and load the korea fud
>hes awake
>make him think its the bottom, drop off the volume
>he bought more
>dump it again

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anyone who holds bitcoins is only interested in the price going up why are you talking out of your ass?

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>That way I won't buy at all.
>Seriously I think that 6.6k is, so far as close to the bottom as possible. I think I'll wait for 6.9k like

If you are buying at 6.9k than you are telling me the price will only deviate 12.8% from the median year over year.
For me 12.8% deviation is not cheap enough to bother.
At 6190 you get around 19% and this is slightly better, not a bargain tho.

A lot of people are waiting to for 6.8k to buy so I wouldn't trust that advice, wherever you got it from. If everybody does it, you can't win

Why are you assuming we are at the low now? Are there any Bitcoin news to support your fantasy?

This has already happened. The only way is up now, BCH 20k EOY

pattern exist because they work, it's really that simple

do you have any history of your trading ? maybe we can compare

Mm i dont know user, it will test that bottom again before the frenzy starts. Be patient and buy as low as you can.

SPARTANS. WHAT IS YOUR TRADES HISTORY!

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We fell out of the bullish pitchfork with a TK cross below the cloud. Also TK cross on weekly with cloud flipping soon. You might get a little pump for a quick trade but now is not the time to all in

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You're right, only way to settle this. If dubs we moon on the 6th of June 2018. If not we go short.

If trips, golden bullrun.

Everybody already knows about Bitcoin now

Even the boomer plebs at my office were talking about it at Christmas. How many of these people talk about stocks? Barely any of them. Bitcoin has reached peak saturation, there is no extra set of hands to hold your bags and you faggots are about to learn a hard lesson previously learned by those that invested in the South Sea Company.

The best anybody here can hope for is like doubling their money until it continues rumbling downwards until the next halving.

Then when the next halving happens and the hype wave only takes it to $20K again, people will realise that the Get Rich Quick phase of Bitcoin is well and truly over, no more parabolic growth as we reach the reasonable limits of capital inflow, and that you're all fucking suckers who were trying to fool each other into thinking that anybody wants this.

Just admit it. Nobody wants to use this dogshit, they just want to buy it and sell it on to the next retard. It's just one giant Pump and Dump scheme and you're all fucking late to the party. Just ask yourself, if Bitcoin unreasonably goes to $100K, who is going to think that's a good deal? By then your likely returns won't keep up with most tech stocks, and there will be an obvious ceiling to the price that doesn't exist with stocks because Bitcoin isn't about capturing growth and innovation, but instead it's just about passing on a token from one chink to the next in a big old game of pass the parcel. And we know this is objectively true due to the ground that Bitcoin has lost to other shitcoins. People choose those because they're lower in capitalisation and are hoping to get a better % return pump and dump out of them due to higher volatility, not because there's any real technological reason for them. Those shitcoins too will shortly be facing the true gravity of investing.

Anyway, enjoy having the most pathetic returns in investing over the next 10 years, it's gonna be a hilarious circus to watch unravel.

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So FUN will take over because I can gamble my way to lambo land? Thank you

I didn't get that advice from anyone. That's my thinking on the next bottom, actually.
So I'm guessing, buying @6.9k would be a better idea.

Bitcoin yes. But the whole market, no. I don;t get this "you're late to the party" attitude when Bitcoin still can't scale and crypto is such a tiny market compared to stocks. Like SMALL AS FUCK compared to it. You never see bitcoin t shirts in public and you can't use any coin to buy off Amazon. When major corporations start using crypto, we have gotten somewhere.
You're just mad you didn't buy or mine bitcoin when it was $10-$100-$1000-$10000--> You see where it's going?

>>bitcoin has reached peak saturation
Dude what are you talking about?
I think you lost perspective somehow.
This is a tiny, and I mean tiny market. It hasn't reach even minimum saturation, not even close to max.
There is maybe 30bln USD total invested in the entire market(maybe, if we are lucky). That's peanuts.
If normies are talking about it then maybe 10% of these are invested(and I doubt even that).
We are talking global market....with peanuts invested in it. This shit is going places, maybe not now, maybe later but the money is just coming in. The 2017 was just a little show of what happens when normies get interested.

Tiny is right. Long way to go the next decade. People said the same thing about the internet and look where we are. It's a no brainer to invest something into a few coins and come back in 5 years. That's what most early bitcoin people did. It was a scam at $10, yet here we are.

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i honestly feel like june and july are "make or break" months for me. anyone else? if we dont start recovering and get some kind of a bull run, im going to take what profits i still have and get out.

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you pulled that green line right out ya ass crack dint you

Why would you hold this long if you were going to give up now? Should've sold in January.

this.
the market has a memory until it doesn't.
you must learn to identify and thrive within different market regimes.

yeah lad im gonna sell after fucking up and hodl for this long

I can only think that posts like that are impatient NEET's who do nothing but watch charts all day.

Get a job or learn a skill instead of going crazy over crypto

well you would be surprised how many people here think that if something happened it will now repeat forever great example of this is that so many people here are fixed to the mt gox crash

omg you figured it out

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5k

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I am truly impressed that you took 5 minutes to write to many bullshits in order to troll newfags.

you making fun of me

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this perspective only means we are stagnant untill july very least

Ignore the graphs and the current fiat price and buy a relatively small amount of btc every week or every month and just hodl. It is that simple.

This is how poor people think.

It only work because the dumb masse doesn't know about it, once the dumb masses figures it out smart money changes the strategy.