[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 220 KB, 887x526, 9BEEC13A-A6AD-4642-8736-DC8C6A9A0E15.png [View same] [iqdb] [saucenao] [google]
16692447 No.16692447 [Reply] [Original]

>half a day’s pump erased by a 30min red dildo
This market is a joke.

>> No.16692461
File: 2.85 MB, 480x270, 1569921945070.gif [View same] [iqdb] [saucenao] [google]
16692461

>>16692447

>> No.16692459

>>16692447
is this your first day you dumb faggot? this has happened like every week for the past month

>> No.16692487

>>16692447
Get used to it

>> No.16692511

>>16692447
Ur a joke

>> No.16692518

>>16692447

The reversal happens after we hit a low of $3,500

Is this your first day here?

No reversal until this happens.

>> No.16692550

>>16692461
https://youtu.be/e5nyQmaq4k4
Techno mix

>> No.16692783

>>16692518
Last 2 bull markets started the reversal after they retested previous ath. Maybe this time it will break the cycle. If it does fuck this gay market

>> No.16692872
File: 25 KB, 636x431, 345345345345.png [View same] [iqdb] [saucenao] [google]
16692872

>>16692447
> dump for an entire week
> pump back up in one day
this is the market you're in faggot

>> No.16692880

>>16692447
>pump to a lower high only to dump some more

>> No.16692968

the market is EXTREMELY manipulated, and don't bother short term trading and trying to win against bots

>> No.16693732

>>16692783

That's bullshit.

>> No.16694831

>>16693732
Look at the charts. Both times it retested previous ath

>> No.16694856

>>16694831

That doesn't make any sense.

>> No.16694867
File: 95 KB, 1603x867, Screenshot (554).png [View same] [iqdb] [saucenao] [google]
16694867

>>16692447
Hash ribbons.
Patience, my son. The bear market is fundamentally over. A scam wick or two more awaits us, but the bull market will begin in 2020.

>> No.16694878

>>16694831
All of the money is at the mall

>> No.16694886
File: 54 KB, 402x344, 1498166887455.png [View same] [iqdb] [saucenao] [google]
16694886

>>16694867

Not a chance.

Look at the frequency of the cycles extending now that it's a much more mature market with hundreds of billions of dollars.

We're halfway through the correction which started in 2017.

The bull trend will resume between 2021-2023.

>> No.16694906
File: 2.37 MB, 5500x3000, 1571535450608.jpg [View same] [iqdb] [saucenao] [google]
16694906

>>16694886
>hundreds of billions of dollars.
You do realize that is tiny compared to traditional markets? I don't expect BTC to go to 100k in 2020, merely to break this descending channel and begin the journey towards retesting 20k, whether we break ATH or not in 2020, I don't know.
Ultimately you know very little about order flow. It hardly takes any bitcoin at all to move the price. Go look at cumulative order books. Sell pressure will begin to evaporate in 2020 once the plustoken whale runs of out BTC + miner selling pressure is cut in half by the halving.

>> No.16694938

>>16694906

I generally agree with you, but I think your timeline is too brief.

>> No.16694956

>>16694938
I think people like you forget how fast Bitcoin can quickly change direction. Bitcoin doesn't slowly grind upwards like boomer markets.
Most of Bitcoin's gains in any given year are largely made in a handful of days. Just look at how fast things took off this year between April and June. 30-40% single day moves are nothing for Bitcoin.

>> No.16694973

>>16694956

Well, I just want to buy cheaper Bitcoin, don't want to spend more than $4,000 each.

>> No.16694989
File: 119 KB, 354x609, 1574652649858.jpg [View same] [iqdb] [saucenao] [google]
16694989

>>16694973
You had your chance last year. Bitcoin has never gone below the weekly 200MA and that is sitting at roughly 5k right now and will continue to grind upwards.

>> No.16695048

>>16692447
based retard

>> No.16695102

>>16692447
If you can’t profit from this you’re doomed and should just buy some bonds.