Bottom bottom bottom
Other urls found in this thread:
bloomberg.com
twitter.com
Marge Simpson pump incoming
the bottom is 0
Triple bottom and we still get ass fucked.
>No bounce
>Descending triangle
You know what that means, don't you?
>>Descending triangle
If you use the log chart you'll see support at around $3000.
BREAK! BREAK! BREAAAAAAAAAAAAAK
Oh wouldn't that be a nice timeline to be in
it is the log chart, you're probably ignoring the price before 2011
Yup. We'd hit a new ATH in the fall, probably finishing around $25-50k or so EOY. This is probably the assumption off which people like Tom Lee of Fundstrat (who only a few days ago stated he still believes in a $25k EOY price) are going. Unfortunately, it would mean I made a successful investment, and I know what the universe thinks about me making successful investments.
I'll go to bed with those thought but likely wake up to a btc cystoscopy
Or a...... Cryptoscopy
>bottom
OP...
>owner of binance tweeted trying to get people to buy more saying "look at where BTC was in 2013!"
SELL FUCKING NOW
300k bitcoin
:DDDDDDDDDDDDDDDDDDDDDDDDDDDDD
yeah, good luck with that.
bloomberg.com
He keeps delaying predictions, stop listening to him.
Here's a cheatsheet
2013 bitcoin was $1000
January 2015 it reached a low
2016 the mining rate was cut in half
2017 new ATH
>you are here
January 2019 price will be ???
2020 mining rate halves again
2021 price will be ???
get ready for LOWER LOWS
Just dropped another $100 despite being crazy oversold. This shit is dropping as fast as indicators will allow.
>$300k/BTC
>$4T market cap
>and for some reason BTC will do this, despite all the evidence of it being used for nothing but a get rich-quick scheme.
Oh man, you really did drink the kool aid.
The only thing on bottom is your self-esteem which is why you're not successful.
It can still go lower. I predict 3k EOM.
So our lows were getting higher
The only fucking thing looking positive in this ponzi market
Well that pattern shot to absolute shit. Not to mention we were suppose to have a powerful bounce up, we didn't even get that. I see it in the order book and history, all buyers are scared as shit to commit and pump it
It's over
Wow~ monster eats the Bitcoin!
unironically all in now. i may drop another 1k on litecoin
Do you realize how much volume we need in order to make that jump? We didn't even have enough steam to breach 10k this time around.
Permabulls are annoying as fuck.
We have no volume because price is trapped in that downwards trend. As soon as it breaks out of it people will throw money at bitcoin once again.
Old trend ends, new trend begins. It if it upwards trend then volume will appear out of thin air, people love money.
The bubble last year was due to a coordinated effort to get masses to buy in. Those masses have been burned in the span of 10 weeks. There will be no rush of buyers. End of year is looking like 8k max. We are dropping till the end of summer.
>to get masses to buy in
you cant call that "the masses" maybe only 1% of th eworld population knows of bitcoin, and mostly are fking chinks. imagine the westernw rold waking up. taking us to the trillions
West woke up long ago. You probably haven’t been here for more than 6 months, else you’d have noticed.
>2020 mining rate halves again
too much exposure to crypto, this will be priced in by 2019. Not saying we won't hit 4-5k but it won't be like 14/15. Institutional investors will buy in, exchanges getting there shit together with regulations, more fiat pairings, tons of big cryptos actually releasing products over the next year etc. Again, not saying we don't go much lower, but the timeline won't just repeat.
delusional
i was speaking to a grandma who was investing in bitcoin and random shit coins, the peak of the ponzi scheme was january
Below $1k incoming, bubble has popped. No utility whatsoever besides speculation and buying alts, and nobody wants to put money into either any longer.