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25298096 No.25298096 [Reply] [Original]

and in 2013 we crashed from $260 to $30

>> No.25298156

>>25298096
Yeah I'm soon selling all my shit

>> No.25298180

>>25298096
BTC also mooned to $1000 in 2013, 4x from $260. $100k eoy confirmed

>> No.25298235

>>25298180
you deluded shits will soon learn your lesson

>> No.25298241
File: 10 KB, 274x274, madpepe.jpg [View same] [iqdb] [saucenao] [google]
25298241

>>25298096
I BOUGHT THE FUCKING TOP AGAIN DIDN'T I I SWEAR TO GOD IF BTC CRASHES I WILL FIND AND TRACK DOWN THE WINKELVOSS TWINS AND SKULL FUCK THEM

>> No.25298260

>>25298180
yep

>> No.25298279

>>25298235
Here's a pro-tip, numbnuts: BTC go up

>> No.25298285

>>25298096
It's different this time anon it's a new paradigm we're all going to be rich buy more on margin

>> No.25298330

>>25298096
We're not retracing that much, but the 21EMA is some 10k away. It's coming, it's gonna hurt. 30% at least . We might still pump on fomo alone,for a few more days, but a retrace is imminent.

>> No.25298339
File: 130 KB, 500x368, IMG_20201227_203606.jpg [View same] [iqdb] [saucenao] [google]
25298339

>>25298235
Have fun staying poor

>> No.25298344

It can still go higher on the Weekly, i wouldnt be surprised if we went to 30k and then the ~35% correction. I'm only scared that if the end of the correction lines up with the start of a big correction on the stock market, there will be a severe drop in btc aswell... So I'm reluctant to buy on margin like in a regular bitcoin bull market...

>> No.25298350

>>25298285
Except it literally is though

>> No.25298367

>>25298285
"it's different this time"
No it's not you fucking idiot

>> No.25298417

>>25298367
Post your short position

>> No.25298424
File: 35 KB, 1301x276, BTC RSI Weekly.png [View same] [iqdb] [saucenao] [google]
25298424

>>25298344
>pic related

>> No.25298433

>>25298096
show me your short position :)

>> No.25298466

>>25298096
wait until monthly rsi is 90+

>> No.25298548

>>25298096
and if you sold at the same rsi we're at now you would've sold ~$20 and missed the entire bull run, and probably wouldn't have bought back in before the run to 1.2k. I've been starting to wonder if this bull run might fit that 2013 fractal better than 2017 and we'll have 2 mega pumps.

>> No.25298606

>>25298344
checked, down it goes

>> No.25298754

Do you realize what happened that day? Mtgox closed the site down for 12 hours because of "ddosing" right after that 260 peak. Gox was 80-90% of the volume. This is nothing like that time.

>> No.25298815

>>25298096
All cme gaps will be filled if true.

>> No.25298963

>>25298096
Rsi doesn't mean shit.

>> No.25299226

>>25298096
arbitrary ratio on arbitrary window reaches arbitrary levels. stay poor, retard

>> No.25299327

normies are going to buy in hard with trumpbux hitting tonite
see you at 50K in a week

>> No.25299443

>>25298963
It does in loger time frames, check any chart with rsi above 90 that kept going up

heads up, there is none

>> No.25299702

>>25299327
who here \buying\ tonight with trumpbux? i also won 600 for fantasy football last night so thinking a btc/eth split 600 each.

>> No.25299770

>>25298330
30% is honestly nothing
You got that in boomer stocks last spring

>> No.25300012
File: 114 KB, 1179x750, rsi.png [View same] [iqdb] [saucenao] [google]
25300012

Also frenly reminder RSI extremes don't indicate extreme changes in price, moving down as hard as you say requires its own strength. And often the setting you use are missing the primary movement.
Pick any portion of this chart in which RSI is above 80 and suppose you sell. Particularly in May. The important assessment is that extended sideways movement can serve the same purpose as downward correction in price discovery. All throughout the year those selling periods following RSI >80 are really not too wild and are secondary movements. Imagine selling in Aug or Nov
Take a gander on your own at May 11 2017. RSI,14,close hits 94.05. It takes two other stabs at 91 and 82 on May 25 and June 6 respectively. Price retraces 30 someodd percent off the highs before gaining 140%.

>> No.25300267

>>25298156
>>25298367
>>25298235
Yo had 10 years
And 8 months since march