So weekly RSI is at a level not seen since the beginning of the bull run, and we have a bull pennant that is the mother of all bull pennants.
Tell me why you're bearish again?
>fidelity creating crypto exchange
>china gov promoting national crypto exchange
>goldman opening trading desk
>sec becoming clearer
>ctfc deepthroating crypto
You really think we won't be at 100k within 12 months?
>falling for the RSI meme
Bro, all that matters are fractals and we've followed 2014 almost to the letter, but twice as fast, and this means we're going down, not for 1 years, but two.
you should keep this info for yourself the more people short the better fo us
None of that is as bullish as the eaa last year
nice, just sold 100k
Lul what a fag
If you would do proper TA, you would see that it is going to keep decreasing for a long time.
I mean, BUYBUYBUY
>fidelity creating crypto exchange
>china gov promoting national crypto exchange
>goldman opening trading desk
>sec becoming clearer
>ctfc deepthroating crypto
does TA account for good news?
you fell for the wrong fractal meme
pic related
News doesn't matter, brainlet. Not in a bear market.
That ain't no pennant, thats a descending triangle and it indicates a trend reversal. Considering the scope of it, we'd be lucky to bounce at 1k.
>Coping this much
You can't have a bullrun after an insane bullrun, ffs have some sense of reality people, christ
OOOOOOOOOOOO
>failing for the RSI meme
Prepare for liquidation.
I'm shorting x100.
Yes you should prepare for liquidation cause thats exactly where you're headed
yes the weekly RSI is gonna spike up for no fucking reason even though it's clearly in a downtrend
Almost bought .09 these comments compelled me otherwise. I'm waiting sub 6k.
You're memeing right
DESCENDING triangles signify a reversal
the reverse of DESCENSION is ASCENSION
fud better permabear
so you can't have a bull run after a bullrun, but you want bear after bear? do you think we are in a bull run right now? do you think an overall bullish new asset class should have longer bear periods than bull? ever heard of a wave 3?
are you retarded? lmao have you never seen a bitcoin reversal before
have you never seen the memechart? Jow Forums is full of retards and they are in the disbelief stage. clear buy signal
Yeah reversion of the bulltrend, Tutututuuu
still not buying your bags, whale faggot. Serves you right for tanking the market and squeezing the hope out with your greed
Indeed according to all time frames but wekkly bitcoin is EXTREMELY overbought right now
>wave 3
I'm sorry, I'm not into esoteric bullshit
it hasn't even hit oversold yet brainlet
>b-but muh news
>Jow Forums is full of retards and they are in the disbelief stage. clear buy signal
some people here act like a retard to make the retards think they are retarded and do the opposite, while they weren't larping at all
Classic biz
Well i'm also retarded so I don't know what to do. I am holding onto my bags looking for the best time to get back more.
imagine being this retarded: "it cant go up because its in a downtrend idiot ahha"
i take it you think that mining profitability is a meme
lol ok go long then, when we hit new lows in the next week or so be a good lad and don't shit up the board with another pink wojak thread and just off yourself instead
OP post ur x25 leveraged long position or fuck off
x25 he never said that he is gambler
wow 2014 was some crazy shit
mtgox losing 800 000 bitcoins China wanted ban bitcoin
Bitcoin update:
- Average $6500 support line for now is holding
- What we want to see going forward is a break of $6720
- At these low levels I am accumulating more cryptos with "smaller orders"
- My large orders are on hold till we break $7800 range
Yeah but before that. $10 to $1000, two orders of magnitude in a year
Who you quoting?
>Twice as fast
>four times as long
i think you got that backwards.
>pink wojaks
>implying my portfolio isn't up 400% since January
i have been shorting bitcoin all year by buying alts
that is no longer possible. alt gains are drained, bitcoin losses are over. we will see reversal here.
thank you OP
>- At these low levels I am accumulating more cryptos with "smaller orders"
- My large orders are on hold till we break $7800 range
>I am buying a small amount now and then when the price goes up I am going to buy lots more
Support have been caused by barts. Just wait until a red bart takes place since it have been a while since the last bart happened and BTC is overbought
saged, fuck off