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/biz/ - Business & Finance

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File: 153 KB, 750x583, A367D93C-170F-4AA2-A7D6-7C6722732E36.jpg [View same] [iqdb] [saucenao] [google]
24523114 No.24523114 [Reply] [Original]

A cup and handle has formed on bitcoin. Why are bears so retarded? Many of them have lost money by shorting at 18.4k. Discuss.

>> No.24523141

>>24523114
the cup and handle is in your ass faggot eat shit

>> No.24523162
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24523162

>>24523114
>A cup and handle has formed on bitcoin. Why are bears so retarded? Many of them have lost money by shorting at 18.4k. Discuss.

>> No.24523166

so everyone watching CNN/CNBC is literally being handed an easy 10x on a plate?
Unlikely.

>> No.24523171

>>24523114
People actually believe in patterns? May as well believe in constellations being there on purpose

>> No.24523194

>>24523114
I'm gonna kms for selling

>> No.24523217
File: 37 KB, 305x278, 30532589-82C1-481D-BCA3-BE1479067237.jpg [View same] [iqdb] [saucenao] [google]
24523217

Pic related is the last cup and handle which formed between march and may. Btc has seen over 100% increase since then. Now we have a second one which has formed at top resistance.

>> No.24523218

>>24523171
The patterns are there so everyone can stick to them, so we can create an uniform market hivemind and "beat" the market for lack of a better phrasing.

>> No.24523247

>>24523114
Bears are retarded because they think being contrarian makes them smarter when it actually just makes them obnoxious faggots

>> No.24523251

>>24523114
Europoor here. I'm going to bed now. Will I wake up to 20k+?

>> No.24523265

>>24523247
>>24523162

>> No.24523273

>>24523171
It’s more about investor psychology, the pattern symbolizes how and when and why people are making certain trades.

>> No.24523347

>>24523162
The only thing I would have ever shorted were airline stocks at the beginning of the pandemic.