/biz/ - Business & Finance

>>16896372
my bot says 12k

>>16896392
200 ma rejected many times and the high and low get closer. we will see what happens soon i guess.

>>16896372
agree but too scared to short it

>>16896372
>What do you think?
You have no friends. That's what I think.

>>16896372
nice

>>16897078
:(

I think that you should zoom out.

>>16896399
>200 ma rejected many times and the high and low get close
but these are futures what has they to do with the spot market?

>>16897369
its just the wrong market selected on tradingview. chart is same though.

>>16896372
strong move to 10k, rapid drop to low 9k, then hard bounce to 13k, retrace to mid 11k, then hard bull run over a month to retest 20k in early June.

We'll hit 60k in December

>>16898475
top being?

>>16896392
long when

>>16897400
>chart is same though
chart future and spot chart are the same? Why? fogive my ignorance

>>16898475
Chad detected

>>16898611
funding

>>16896372
i think we are making a higher low this time it will look like a giant reverse h&s

Hey i am new in here trying to learn about it wtf is this graph.

heres my prediction faggot

>>16899080
We've been expecting you, mr bond. This is the graph from someone who either holds a short position or regrets not purchasing more bitcoin.

>>16896372
rising wedge are bearish for sure but this is a big one and bears have shown nothing in the past 2 weeks so I would not be on the 200Ma holding

>>16899032
funding what?

>>16899193
pic related

>>16899194
you asked why futures track spot

>>16898475
>60k in December
golden bullrun is in 2021, don't ask questions I've already said too much.

It should actually dump before the halving
Because miners will sell all their coins before hash rate gets cut in half and that's what theyll do along 9-11k
lowest is 4k and it will be in the channel, my guess is the real hard low is 6400 due to that being cost of btc production. It definitely has to go down unless miners are hodling but I imagine they're going to want to take profits as per usual. So then after the halving the sell pressure alleviates and we have rocket moon mission and the miners wont sell until the price is 12k or higher bc to produce a btc then will be around there. Other factors are billionaires and manipulators, governments who knows wtf they will do. 9000 has a hard fucking wall and we've hit it twice so at least a drop and third touch is necessary as well.

>>16897291

The past matters little. We are talking about a crypto currency after all. 20k+ by july

>>16899239
yes and you said ''funding''....funding what?

>>16896372
We are getting too close to the halving to have a retracement. Big boys will try to push it hard and make some money all the way up.
After may, though, we might retest 7k while we are crabbing.

But the bullrun cooking for 2021 will melt your face off.

>>16899571
have you ever consider that this could just be a giant trap ?
when the market crashed in dec. 2017 peoples started screaming to hodl for the halvening and they have done so ever since
what if this shit is just a trap for whales to ensure themselves enough buyer to cash out ? what if they have zero intention to pump the price a 3rd time ?

glad to finally have a thread with some actual discussion
personally Im longing btc with low leverage enough that my liquidation is at around 6.2k, I don't believe we will ever drop this low again
I'm aware that this might be a bulltrap

>>16899676
Smart money is moved to tokens that actually have functionality and serve a purpose i.e. De-fi.
BTC in 2020 is just FOMO spamming on every website so giant bagholders and whales can dump on the little guys (you) because you are the greatest fool at the end of the line.
"100k OMIGOSHHH MUMMMYYYYY 100k MUMMAAAAYYYYYYY"

>>16899561
funding the insurance fund that pays if the total futures settled is more than what sent to the exchange in real asset

>>16899571
>>16899676

>>16896372
im from the future BTC will never ever have be in a bear market again, lowest it will fall is at most 10% with an instant bear trap.
satoshis 1m btc will never be released and wales dumping are instantly bought up by institutional investors seeking to buy large quantities