/biz/ - Business & Finance

>>12599861
Source: Your ass

Hell no, more like 100k

>>12599861
I'm hoping it hits 3k soon and I'm buying back in

>>12599861
I unironically did the same analysis back in December and the opposite happened. This means the fundamentals have changed, new money is slowly flowing in and the council has approved a new bull-run, banning all whales from dumping below 3.1k.

>>12599892

December is the wrong timeframe.

>>12599906
Had you charted in the December you would have had the exact same chart because in that range we are still in the same candle, and the price was also at about 3.4k

Also, like it or not TA does not work for BTC because all price changes are mandated by the council.

>>12599861
Good. Sell now bear. Its going to $0

>>12599861

>two random lines on a chart

analysis

>>12599913
>He hasn't even worked out the timeframe

>>12599913
>He hasn't even worked out the timeframe

BTC to 100k by July please.

>>12599994
Kek, I already saw your picture with the numbers. Nice pattern but you should know all this shit has probabilities tied to it and there's no certainty that it will be the exact same ratio again.

Unless of course you are a member of the council.

>>12600000
>quints checked

>>12600000

checked

>>12600010

Other people have used different methods based on the halvening and came up with February also (uptrend begins in May). Have you seen the tweets from moon overlord? His calculations are totally different yet he comes to the same timeframe as me (just slightly different bottom price) https://twitter.com/MoonOverlord/status/1089213457008943104 I have not seen anyone post the same analysis I have done online. I have also done the calculations for Litecoin but will not post.

>>12599861
hell no. what most of you guys forget when mentioning previous crashes is that now in a single day we have the same volume of trading for the whole year in 2014.

>>12600000
BASED

>>12600000
Checked

>>12599994
Niggawhat.jpg
Walk me through this image, a nigga ain’t got time to wait till 2022

>>12600106
>a nigga ain’t got time to wait till 2022

Look at January 14th 2015.

>>12600000
checked
just bought 100,444

>>12600000
Checked and based

>>12600000
I have something to sell in case you don't expect it to drop to 2k first

>>12600000
So should I buy Nvidia shares?

>>12600044
Delusional

>>12600151
It might but I don't care what path it takes. Although, if it does drop more you guys better buy quick.

it won't go that far....first bottom already in. June 2020 could be bullrun, but you can "invest" now pretty safuly. If you look at the cross overs points of the 200ma and 600ma, you can see there's a while to go.

>>12600240
finally some non retarded analysis

>>12600240
>you can see there's a while to go.


Incorrect model.

>>12599861
131$ when?

>>12600288
you might see a recovery at May-Jun this year - who knows...market are unpredictable, big news could change something, but if you assume, like this chart, that there is still an overall bullish mentality on BTC hypertrend,, you can see that long term, it would be quite surprising if we weren't near a bottom now. There might well be a 2700 capitulation moment, a spike down like the the 162 back in Jan 15 and August 15, but that will form the very bottom. But, I concede it kinda needs to happen twice really to confirm rock solid support. What model would you use?

>>12600265
thanks bro...novice though

>>12600318

I agree that an uptrend in May is likely occur to and sustain to the ATH generally speaking. But for now, February will be red(very), March and April will be boring (a lot of time to buy in).

>>12600318
I agree that an uptrend in May is likely to occur and sustain to the ATH generally speaking. But for now, February will be red(very), March and April will be boring (a lot of time to buy in).

>it's the "it's going even lower" when it's the bottom season
bullish

>>12600344
people preparing to miss the boat a third time

>>12600417
And you know the, from a percentage POV, the 3rd wave is often the biggest...assuming the big trend remains true and it wasn't a bubble that's going to zero. We will know soonish

Im not buying shit until this breaks 4k (aka the best advice you can get)

>>12600417
>>12600454
>>12600344

You are a calendar month ahead.

>>12600471
>buy high
What?

>>12599861
All these people you warn, and I bet not a single one will listen

>>12600474
Maybe so, but I'm talking over the long term now, it's close and I still think 2700 could be the bottom, if it broke 3000. Psychologically, 3k should be rock solid. Capitulation to 2700 if we are lucky.

>>12600016
golden bullrun confirmed

>>12600000
why july? why not now?
RRREEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>>12600471

>>12600506
Because that is impossible.

>>12600000
Time to take out a loan.

>>12600240
>.first bottom already in
What the fuck is a "first" bottom

>>12600417
only this time people are going to legit commit suicide as it hits the 100k threshold on the log-scale

>>12600599
ask again in october

>>12599861
Fuck yeah, I'm finally gonna be able to afford 1 bitcoin and maybe even several if it continues for a couple months

>>12600000

>>12600000
We just made it goys

>>12601114
Why don't they make movies like this anymore?

>>12600000
Based and checkpilled

THE MINERS DONT MAKE PROFITS AT THAT POINT, THERE IS NO REASON TO EXPECT A DROP THAT LARGE.

Idk what more you faggots want. These prices are historical. We all know what’s coming.

>>12599994
REDACTED

>>12600000
Quints checked, ID says low.
>100k is low

>>12601767
I didn't even notice!!
We are all going to millionaires boys!

>>12599861
Alright here's the crypto blackpill. There's a bunch of early adopter whales that sit on their asses all day traveling to different countries and getting fucked up on champagne and expensive food/prostitutes and every couple of years they gather together to decide when to use bots to pump btc to a new ATH and how high it should go. If you aren't one of these lucky people, then you are at their mercy. The trick is to ride their pumps and dump on a bigger fool than yourself.

>>12599861
I'm anticipating a $2,000 bottom myself

>>12599861
Based

>>12601778
oof almost trips 7, dear kek

>>12602299
Nice dubs ;)

>>12600000
Fucking checked

>>12600000

>>12599861
You didn't buy the bottom, did you?

>>12600000
checked.

>>12600000
>00000
>golden ID

>>12600240
Terrible model

>>12599861

This x10. The prior top must be tested first.

>>12604527
checked

>>12600000
>quints
>golden ID
>ID says "low"
Damn son, you must be the prophet

$131 when??

>>12600000
checked

>>12600000
I need more time to accumulate u fucking asshole

but checked and patrician pilled

>>12600000
HOLY SHIT

>>12605111
Kek

>>12600000
yes

>>12605111
Nice trips.

>>12600000

>>12600000
thank you based quintsman

>>12599861

>>12599878
Bitcoin is not sitting on a support though. When bitcoin hits 2400 we will be sitting on the next strong support.

>>12599994
this is a good one. nice and redpilled

>>12600000

based

>>12605409
This chart literally came out of your ass

Supposedly the mtgox coins get released in March now

>>12605409
I wonder if people posting chart like these are serious

>>12599913
>mandated by the council

>>12600240

uses mac-d by chris moody
mac-d one of the most unreliable divergence indicator in existence.
cant take your ta seriously

>>12599861
Pathetic that you're still rubbing your nipples and blowing loads to charts. Take a step back and think for a few minutes.

What happened in 2017 is that the plan was to advertise and force crypto to go viral then recoup the costs of the wash trading and advertising by cashing out into a financial instrument. BCH and all subsequent forks were born along the way to allow for boom busting in and out of BTC to grow stacks.

What was not anticipated was Mt. GOX reparations fucking with the sell demand + instruments completely falling through in January.

The market has been in freefall since to extract what little liquidity there is to cover the costs of the forks and whatever bullshit favours and lobbying had to be done.

Now all that remains is preserving the market through the inevitable GOX cashout. That is going to require humiliating the price of BTC to something that's OK in the minds of people who bought it around Willy Bot times, so that they'll sell in the 1200 region.

That's the grand strategy here. The meta. And that is what is going to dictate the drop. Not these gay little charts.

Once the GOX accumulation is over, the next round of hyping can begin. Ledgers -> Macro Ledgers -> Macro Ledgers that can see other ledgers and data points outside of ledgers.

>>12605682
you realize that the mtgox coins are less than 1% of the supply right?

>>12600044
>calculations for Litecoin
pls post

>>12605755

Ok then ;D. I only did half of it though, I have redacted some details, but the all time low is essentially a few days after the BTC all time low. Both in February.

>>12600000

>>12600646
I don't know how that faggot who ordered a pizza for 10k btc hasn't offed himself

>>12600000
Bear market officially OVER

>>12605682
There just aren't that many coins
I've doubled my bitcoin since 2016 and have cashed out lower 6 figures to buy more if it continues to drop

The fundamentals are getting better the network is growing
Also it's interesting how merged mined sidechains are giving bitcoin hash/security and bring fees from commerce offchain
This makes the transition from block rewards to fees much much easier

>>12599861
Damn if you had bought back in early 2017 you are still up 3x

>>12600000
checkd and based

>>12600000
based

>>12600000
Checked

>>12600417
>people preparing to miss the boat a third time

By how much?
If I sit on some liquid capital on the side lines its far better for me to wait a bit to get an idea of if we are sideways or not. I will have a fucking year to accumulate. And if I miss an up trend by a tiny amount I am still going to be holding on to BTC that is going 300k ... At that point WHO GIVES A FUCK.