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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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16760673 No.16760673 [Reply] [Original]

Here is leaked chart of BTC/USD.

Little spoiler: bottom at $5,300-5,500

>> No.16760680
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16760680

>>16760673
/2

>> No.16760688
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16760688

>>16760680
/3

>> No.16760689

yeah

>> No.16760691

>>16760673
yeah this almost aligns with my general predictions except it spends too little time on the 6.3k fib

>> No.16760698
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16760698

>>16760688
/4

>> No.16760707
File: 150 KB, 1920x1080, 5_5.png [View same] [iqdb] [saucenao] [google]
16760707

>>16760698
/5

>> No.16760711
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16760711

>>16760707
/6

>> No.16760715
File: 264 KB, 1920x1080, 7_7.png [View same] [iqdb] [saucenao] [google]
16760715

>>16760711
/7

zoom-in of current price discovery

>> No.16760730

>>16760711
kek yeah btc bought sub $10k will be epic in a few years. i will buy some more below $6k. i have enough if we don't go there.

>> No.16760740

>>16760715
you should adjust the lower h&s higher on the shoulders seriously the 6344 fib line will see a lot of love for a month at least in time.

>> No.16760748

>>16760730
we wont go below 7000 ever again

>> No.16760759

Delete this thread immediately.

>> No.16760763
File: 168 KB, 675x1000, coffee4.jpg [View same] [iqdb] [saucenao] [google]
16760763

>>16760673
excellent meme lines, maybe some other people see it too and you'll get lucky

>> No.16760768

>>16760748
we will most likely, but like i said fine i'm prepared for everything except for btc going to zero. then i would lose a lot of money and a lot of time and would be really bummed out. but i only have like 20% of my net in btc and pretty sure i would be able to get some out so whatever. no risk no gain.

>> No.16760905

Just draw more lines, you will get it right eventually LARP

>> No.16760916

bottom would be too long from now

>> No.16760926

>>16760673
nice theory, thanks for sharing


>>16760905
>>16760763
>>16760748
>your average /biz/ posters

>> No.16760964

>>16760673
>t. sold the bottom

my bags will be waiting for your market buy at 30k in may

>> No.16760984

>>16760673
Two problems here: real world issues not taken into consideration, and that chart is the most predictable case, which kinda invalidates itself.

>> No.16760996

>>16760964
LOL, you'll be losing $$$$

>> No.16761013

>>16760673
happy new year, nice chart

>> No.16761024

>>16760673
Bottom is 5.9.
No whale will let it go down below 6k after 2020 Q1 because it will put BTC below rainbow log parameters.

>> No.16761054
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16761054

>>16760926
let's be honest, only reason why meme lines work sometimes is because other people draw the exact same meme lines and it becomes a self-fulfilling prophecy

>> No.16761104

>>16761054
>people
no bots

>> No.16761118
File: 7 KB, 228x221, estrjdfykugi.jpg [View same] [iqdb] [saucenao] [google]
16761118

>>16760748
go ahead then faggot, mortgage everything you own and 10x long on bitmex then
you literally cannot get liquidated if it can't go bellow 7k

>> No.16761128

>>16761054
yep. TA is literally game theory.

>What will most of the liquidity do next?
>What do I need to do before that to capitalise on this?
>How many others are thinking like me?
>Should I do something before the other thing to make money?
>What if some others are thinking like me until this point and I should be pre-empting this?

And now you see why there are so many lines on a chart

>> No.16761153
File: 8 KB, 217x232, bobosuicide.jpg [View same] [iqdb] [saucenao] [google]
16761153

>>16760673
Frenchbro are you okey?

>> No.16761160

Every analyst is bearish, meaning that huge pump is coming soon, so they try to discourage normies from buying in. They are trying to stock up more before the pamp

>> No.16761181

>>16761160
>Every analyst is bearish,
cnbc was telling people to buy 3 weeks ago

>> No.16761213

>>16761160
>the everybody is saying x meme
i can never find any sort of consensus on crypto market except that in long term it goes up. logically this means it will do everything except go up

>> No.16761224

>>16761181
krown, kripto kirby, tone ways, willy woo and all the popular fucks are overwhelmingly bearish in general. they have been predicting a 5k drop for weeks not and all we did was stagnate and now we are pumping, potentially to 9000. normies believe what these fraudsters say, so there is no way things will turn out the way they predict it. remember when ways called for 1300 btc at the 3000 bottom? same shit is happening all over again.

>> No.16761230

BTC has never seen a nation back a currency behind it like Iran will do. TA's BTFO.

>> No.16761264

>>16760711
but then who was phone?