/biz/ - Business & Finance

>>7314972
>Brother starts buying btc and ltc on via retarded cfd provider half way through December
>convince him to grab some profits, he's not a total retard, does
>buys into XRP, I tell him to hold, it's going higher, don't buy more if it spikes
>he does, it goes from his entry of around 0.70 to 3.5 on his meme platform
>looks like at least a temporary top, I don't say anything, this market is so retarded it could even break that
>market begins most obvious tank of all time
>he doesn't sell, admits later he bought more at 2.9
When a chart looks like a fucking telegraph pole, people will buy at any point, they just can't help themselves.

lad when a fucking MARKET loses 50% from the high in a couple of weeks, it's a crash.
We're not talking about the ''''retracement'''''' in a market swing here, it's the entire fucking thing.

http://www.forexlive.com/cryptocurrency/!/what-technical-levels-are-bitcoin-traders-focused-on-20180116

This guy is a forex pro and he always focuses on the bigger picture and the trend, support is 10, 570ish. No reason it won't get there and then you'll see some shit, either way.