Make a bullish case on this chart

had a dream 2 weeks ago of me looking at delta and btc @ 4900

Log scale, I don't know if it's easier.

Attached: 674621.png (1554x809, 72K)

Nice chart, chucklehead.

Attached: btc.png (1389x709, 141K)

I REST MY CASE JUST FUCK MY SHIT UP

The point is 1M chart, then you can use anything you want.

On the log scale it doesn't look like the run up was as drastic as the first few.

look at this MACD

Attached: rekt.jpg (1530x920, 173K)

>exponential growth is sustainable in economics
btc $5,000,000 by 2020 guys

we are going through 2013 2014 :)

What happens when they cross?

When it's taking over something as big as another form of currency yes, because we did not even get started.

What happens if they cross like said

Hi newfriend

Attached: bitcoinpredictionlongterm2.png (1532x1816, 1.19M)

An extreme horror story not intended for sensitive audiences.

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oh no he's retarded

It really hard for make 1 month chart look bullish

Only good sign 8000 seem like very solid PoC

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It literally does not matter what it is or why its going up exponentially.
In order to see anything in the chart other than a big ass spike that tells you nothing, you need to use a log scale.
It could be tulips or gold or mongolian basket weaver basket production charts it does not matter.

according to this model bitcoin price diverges to infinity
BUY BUY BUY

It has to be a 1M chart.

Dude, use log scale.
I don't use or really understand VPVR. Are you saying something like if we close above where this candle opened then we may go to 8K? I'll give you winner of the thread so far if that's what you're saying.

youtu.be/cMX1_AU1slA?t=143

Attached: btc201920.png (900x441, 74K)

Consolidation complete

It shows historical resistance and support to predict future resistance and support because the most action happens at those levels. You may get a repeat.

>Make a bullish case on this chart.

Attached: mtgox2010.png (1264x556, 62K)

This one is more refined. Drop to 3-4k after the rest of the Gox coins are sold in September. Then bull.

Attached: btc201920part2.png (900x441, 46K)

Cunt if you weren't a brainlet you would have used that one from the start.

This.

i had a dream i was in a closed meeting with lots of people and trump. trump was like "we need to get everyone in america on the bitcoin blockchain"

I don't have one but that's interesting in some way because we can look at the next candle. I would prefer to open a long position on the next candle.

I wasn't trying to be deceitful, I opened a different browser to not have to delete my memelines and I simply forgot. Play.

it's amazing the price is going down considering how many people have bought and hodl at 8k.

1/5 of all BTC were bought at 8k.

>Make a bullish case on this chart.

Attached: mtgox2011.png (1249x567, 57K)

Bull flag
/thread

I don't know why that last candle is red. Assuming it opens and closes where I believe, it seems to have taken about half the prior candle and found some support at 8, this could mark a reversal after the spaghetti falling out of pocket pattern.

I think they look reasonable, the first one fucks over people better I think.

Draw it plox, I want to see the breakout level.

The next day Trump got impeached and bitcoin crashed to zero.

Jesus.

Attached: 432516.png (1528x676, 70K)

I'm kind of new to trade talk, but this is very bullish overall.
This is basically a long term variation of swing trading on an up trend.
There was a 3 outside one trend trigger from March to May of 2017 which lead to a bull run up until December. This is the first upward trend.
We are now on the downward trend, which will bottom out at 4.4k worst case scenario.
It may take all the way until December of this year or 2019, but bitcoin will swing upwards to 25k or higher after the downtrend.

It doesnt need to keep growing exponentially to be required to analyse in a log scale. How can you determine if the drop in value is big or small in a fucking linear scale? A moon mission from $1 to $1000 would be a fucking 1000x and in a linear scale it has the same representation of a moon from $1000 to $2000 (a 2x). Of course the crash is always gonna look devastating in a linear scale.

I can see it playing out like that. I have an autistic issue with
> worst case scenario
> will swing
For example, 4.4k in July or in December or in 2019 may give us different ideas about where the bottom could be. I have hopes and theories about all this stuff, but it's like knowing is something different. It's pretty late and I don't know how to explain myself better hope you can understand what I'm trying to say.

That's alight, most of the popular theories are all long term. Hard to tell what's going to happen with just short term events.