/biz/ - Business & Finance

>>14972407
What about the first time it crossed the line cuck?

Why dont you draw your shitty meme line under that?

>>14972415
becuase it doesnt work this way

>>14972424
haha yeah man that guy is a moran. I learned TA on reddit back in Feb and then moved over here to The Chan. Fitting in nicely so far.

>>14972415
>What about the first time it crossed the line cuck?
dead cat bounce

>>14972478
no way is btc going up from here.

>>14972407
posted this yesterday
bulls have tried to defend it so hard but it still crossed

>>14972505
See you at 12k by Saturday night

>>14972415
because the meme line is drawn to match the lows during the uptrend

>>14972407
Feels comfy being all in alts right now

>>14972525
12k is not enough, you need atleast 13.5k and we have maybe a bullrun and fomo.

bear trap, also known as the first sell-off ;)

>>14972525
you have no more tether
its over

>>14972407
SELL WEAKNESS

>>14972526
>>14972407
So, what's the next stop?

>>14972605
9k
7.4k
6k

>>14972605
there are no brakes on this train

>>14972525
already unable to get above the 50 MA, 21 ema coming down like a cruise missile
good luck with that you gonna need a shit ton of USDT

>>14972620
9600
9000
8400
7600
if we break that then 6k and if that doesn't stop 5300 then straight to 3k

finex hearing 4 days left

>>14972407
25 IQ

>>14972505
you need at least three points to draw a line.. both of your descending lines are made from two points each.
if BTC in one of these highs had gone -1% or 1% less/more than what it was, your lines would have been quite different.
How much is TA worth, if the entire analysis depends on the purchase or selling of a couple of BTC's?

>>14972566
bulls are fighting pretty hard right now to keep it up
would not surprise me if it pumped to 10k again

>>14972424

You have no idea how this works.

>>14972676
how about this

>>14972711
TA is only one part of the equasion, taking into account how manipulated this market is by a few whales.

Another part is psychology and market cycles.

>>14972407
Remember when moonbois where all "mUh -40% DiPs lolololol"

what do you think is happening right now faggot

>>14972777
this is not a dip lmao
the correction already happened and there wasn't enough tether to manipulate it back up

we are spiraling down now

>>14972777
just look at the charts retard, any chart - a typical consolidation is way more than 40%.
Until you are in a bullrun which is not the case right now.

>>14972777
40% would be 8200

>>14972847
exactly

See? The dip is over.

here this guy has been on money this entire time

>>14972407
You could have bought stocks in 2008, you could have bought gold in 2000 and sold in 2011, you could have bet on Trump winning in 2017, you could have bought LINK in 2018. Opportunities are everywhere.

>>14972543
The price of Alts almost always falls with Bitcoin you fucking idiot.

>>14972529
Weekly says we never left the bullrun.
Both on ichimoku, RSI and MACD

>>14973314
death cross (which term is rarely applied to short time frames like the 4h, btw) happened on his own chart September 2017, yet the price rallied up following it. retard tier analysis

>>14973959
you do know what's coming on tuesday right? surely /biz/ isn't this delusional?

>>14973959
>implying plebs look beyond daily candles

>>14973959
wtf is wrong with you weekly chart

>>14974096
forgot pic

>>14974109
Coinase draws candles wrong. It's bitfinex/bitmex chart, since that's where the big boy trading happens.

post your shorts faggots or your charts mean nothing

>>14974079
I do know. Literally nothing. Then "5 billion USDT printed" and we jump to 16000.

>>14974002
there wasnt a blow off top in September you brainlet

>>14974139
delusional

no more is being printed nor will any more EVER be printed. the tether ponzi is over.

>>14974121
no your char is wrong

>>14974141
How do you think a death cross happens?

>>14973959
>never left the bullrun
COPE
you mean the bear run, this is a dead cat bounce until it makes ath or double bottoms

>>14974150
whatever helps you sleep at night, m8. Even if it's true most exchanges will exitscam immediately, so you're just as fucked as the bulls are.

Lets face it, this is a controlled dump for over 2 weeks now with fake uptrends in between.

>>14974141
zoom in, retard. you're being misled by the scaling because, relative to the blow off tops in Dec and just now, the movement was much smaller in absolute value terms (though not percentage). i bet you think BTC prices were literally perfectly flat for the first several years of its existence too, right?

>>14974164
there's no usdt on coinbase
they don't care if btc go up or down

>>14974164
nope, i'll get my shorts out just in time
bulls will be left holding bags and stuck with suspended withdrawals

>>14974181
There is no margin on coinbase and they shut down the site during major dumps so you can't sell. Common knowledge, happened 5 times during the last 2 years. So you are fucked in either case.

>>14974159
A months long dead cat bounce? Are you retarded or joking?

>>14974224
> implying I need to sell

>>14972407
BITCOIN TODDLERS BTFO!

>>14974231
literally happened in 2018 all of February was a dead cat

>>14974167
are you fucking retarded? The 2019 blow off top was worse than the 2017 blow off top based on all metrics.

You probably think this is just a healthy consolidation, lol

>>14974248
>1 month is the same as 5-7 months

>>14974231
this entire "bullrun" has been a dead cat, fueled by tether

Man I love accumulatin g btc

>>14974251
>2019 worse than 2017 on all metrics

2019: 13920 to 9650 (-30.9%) in 6 days. In the ~1 month period leading up to it BTC's price had increased by a little under 2x.

2017: 20093 to 10900 (-45.8%) in 5 days. In the ~1 month period leading up to it BTC's price had increased by over 3x. Slightly more overbought on RSI, slightly more overbought on NVT.

You could look at a chart before you vomit BS.

>>14974256

>does not know what dead cat means

Holy shit you're retarded.

>>14974332
t. bought at 11k

>>14974231
bitcoin had a 2 year bull run, the bull run before that took a year and was followed by a 2 year bear market so why not

>>14974391
Because a dead cat bounce doesn’t follow a 6 month long period of bottoming out at 3k.

>>14974409
>he thinks it bottomed at out 3k
oh boy

>>14974419
Post a picture of your shorts. There is no chance in hell that btc ever goes below 3k

>he drew a straight meme line and not a curvy one
I’m keeping close watch but the trend hasn’t broken yet

>>14974430
>increasingly worried delusional bull.jpg
>p-post your shorts!

>>14972407
Anything below 8k all the way 3k I’m buyin, bring it

>>14974444
I mean it’s pretty obvious you’re an 18 year old who has no skin in the game

>>14974446
> panic sell into the flash crash to 1k

>>14974444
checked, but 4 is unlucky in chinese culture and since the chinese run btc and you are a bear, bull run 2019-2021 confirmed

sorry

>>14972526
>doesn’t know about all the stashed tethers waiting to pamp it

>>14974409
are you sure????

>>14974457
>>14974473
lmao literal cope
the sooner you admit the tether ponzi is over, the better for all of us. only then can the real golden bull run begin.

Halving next year. Don't be silly bobo.

>>14974509
>halving still a year away
you do realize that's bearish?

>>14974509
halvening is self fulfilling prophecy
look at ltc

>>14974522
edit the tether logo onto the ship and then it makes sense

>>14974446
BUY THE 8K DIP
BUY THE 7K DIP
BUY THE 6K DIP
BUY THE 5K DIP
HOLY SHIT IT IS GOING BACK UP DOUBLE DOWN BUY THE 6K BOUNCE
REBUY THE 5K DIP
B...BUY THE 4K DIP
3K?? ALL IN LIFE SAVINGS THIS IS WHERE IT BOTTOMED OUT OMG IM GONNA BE RICH
shit my money is only half its value but fuck it i’ll wait for the next bullrun
Any day now
Any day now
Btc always has a bullrun any day now
Any day now
Any day now

AHAHAHAHAHHAHAHAHAHAHAH

>>14974550
That’s exactly what I did last cycle til now and I beautifully bought the bottom and stacked up way more BTC that I’ve ever imagined
If you think BTC will never reach 20k again you don’t belong here

It’s not. Just wait.

>>14974577
>this worked the last time so it will work again!
>worked very well when isaac newton lost his shirt rebuying the south sea bubble after cashing out with a large profit earlier
>GREED IS GOOD
>”i never want to hear about crypto ever again”

good night bulls.

>>14974577
“Newton dumped his South Sea shares, pocketing a 100% profit totaling £7,000. But just months later, swept up in the wild enthusiasm of the market, Newton jumped back in at a much higher price - and lost £20,000 (or more than $3 million in [2002-2003's] money. For the rest of his life, he forbade anyone to speak the words 'South Sea' in his presence."

>>14974595
50/50 BTC/XTZ
I’ll make it, worry about yourself faggot

>>14974577
and you sold nothing at 13k ?

>>14974647
That ID: nigger + faggot + 7k

very COMFY
what's the target for tonight bobros?

>>14974705
day has ended with a beautiful rejection of the 50 MA on the daily, followed by a cute little dump
the 4h 440 MA is sitting at 9600 right now + we have horizontal support from lat week, the 440M was the support when we were at 9200 so going trough 9600 would be a strong bearish signal
I expect sideways and retest of 9800 before any kind of dump trough 9600, that's what I'm seeing

>>14974662
=moon

>>14974845
>admits he is a nigger + faggot
>admits that the next ‘moon’ will be 7000 fucking dollars
>’moon’
>$7000
>didnt sell at $17k
>didnt sell echo bubble top at $13k