/biz/ - Business & Finance

Bull volume declining. We could test 6k again soon.
6k support held each time BTC dumped.
First in November of 2017.
Then in February of 2018.
Then 3 days ago.
Each time we bounce off this support, its getting weaker, as buy orders here are getting filled. Its obvious its not gonna hold next time.
And after it breaks, all hell will break loose. Everyone will rush to the exit, but the exit doors are way too small to fit everyone.
We will enter Capitulation phase, as everyone realizes what the dump has only just begun.
4k, 2k, even 1k is not out of the question.
But every dump has en end, as there is finite amount of sellers.
As everyone will panic sell their BTC, all weak hands will be gone, and we will see whales scooping up the bottom again.
Who here /tethered/ up and wagecucking in order to get some fiat to scoop up the bottom as well?

If I wake up a pink wojack I will be liquidated. The months of work and calculating for the right moment to use my leverage... The moment volume dies down.... It was so bullish, so I did. I opened up my leverage and a few hours later that massive red dildo of death showed his ass.

If this is not the bear trap, my shit will be done. LIQUIDATED. Gone. BTC I earned and worked hard for with my wagey wages . I don't feel like setting a loss because in my heart, I don't see us breaking 7k. It's just shocking How well these bears gave us a run for our money so far

I trade,hodl alot, and have just started leveraging so don't want to make mistakes so any help is much appreciated.

>>8866151
No, i only know that word