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File: 162 KB, 1800x1013, NUPL.jpg [View same] [iqdb] [saucenao] [google]
28694520 No.28694520 [Reply] [Original]

The NUPL(Net Unrealized Profit/Loss) chart has been a very reliable way to predict tops and bottoms in bottom/bear markets. Since we currently are in a bull market, we have to look out for the 0.75(euphoria) level to get out. That is when everyone and your grandma is shilling bitcoin, when people are saying things like "this time is different" and being delusional.

There are 3 possible scenarios to unfold in the coming days.

1) Sideways action

2) Pump higher and reach euphoria and end the bull run

3) The case I'd like to see, which is a dump to reset the NUPL indicator and go back to approximately 0.65 at least, so we have more room for growth.

Either way, if you consider the risk/reward perspective right now it's not a good moment to be over-exposed, hence why scaling off(not selling everything) a bit from your positions is pretty smart.

Cheers frens


PS: If anybody wants to know what this indicator is, it's not meme lines and autistic TA, it's on-chain data that is exclusive to crypto and useful to use. https://academy.glassnode.com/indicators/profit-loss-unrealized/net-unrealized-profit-loss

>> No.28694650

For clarification, we're currently at about 0.72 or a bit higher, and the euphoria zone is at 0.75

>> No.28694976

>>28694520
>with my analysis I predict that it can go up, down, and huuuuh sideway
ok retard.

>> No.28695096

>>28694976
You're the retard, my analysis is saying there will be either consolidation or a dump, and if there is a pump that will result in the end of this bull run.

Fucking faggots not even bothering to read shit nowadays

>> No.28695196

dumping as we speak

>> No.28695231

profit/loss means nothing if the usd is complete shit

>> No.28695233

>>28695096
>1) it can go sideway
>2) it can go up then down
>3) it can go down then up
ok retard.

>> No.28695443

>>28695096
Dumb nigger

>> No.28695519

>>28694520
>The tea leaves say we should sell

>> No.28695525

>>28694520
The problem with this is that regardless of how high the adoption has gotten this run, it's still such a small percentage of people.

>> No.28695554

>>28695096
>if there is a pump that will result in the end of this bull run.
or it could crash, go sideways/bleed for a month and then continue the bullrun. very useful.

>> No.28695637

>>28695233
Kek.

>> No.28695661

>>28695233
Let me break it down to you brainlet nigger

1) It can go sideways
2) It can dump
3) It can pump BUT that pump would result in the end of the bull market because we'd hit euphoria.

Does your brain get it now? It's not "it can go sideways, up or down", it's about telling you that if we prolong this pump the bull run is over and it'll dump aggressively, or we'll have a dump to reset the indicator.

There's no way holding right now, today and tomorrow, has a good risk/reward ratio. Do whatever you want with the information, ngmi regardless of it
>>28695443
Kill yourself faggot, go buy ASKO or any of your pump and dump shitcoins, whenever someone talks about anything worth of noting and not your shitcoins you start acting like apes.
>>28695525
I agree, but there are way too many top or near top signals right now, holding or buying is just not worth it. Personally I'm just selling small %s

>> No.28695682

>>28694520

Look back to 2017

Look how long the NUPL crabbed between .60 - .70 and how much % increase price action saw in. that time period..

>> No.28695689

The amount of cope around Bitcoin is insane and it’s only barely 2X it’s ATH from 3 years ago


I can’t imagine how unreal the cope will be when we’re nearing $1 million USD per coin

>> No.28695693

I WILL BECOME A BIG FISH AND U WILL SUCK DICKS AS USUAL
STILL USE THIS TRASH?!?!?
LOL WHAT A RUBBISH
BE CLEVER GO FOR BOT OCEAN AND THANK ME

>> No.28695720

>>28695525
lets be real. what percentage of people you know owns a good amount of gold?

>> No.28695761

>>28695096
>and if there is a pump that will result in the end of this bull run
Your analysis doesn't account for the likely white swans in the near future. Oracle buyin is pretty much guaranteed and more banks, companies and governments will follow.

>> No.28695865
File: 427 KB, 1702x679, 7.png [View same] [iqdb] [saucenao] [google]
28695865

>>28695661
>3) It can pump BUT that pump would result in the end of the bull market because we'd hit euphoria.
>if we prolong this pump the bull run is over and it'll dump aggressively

>> No.28695875

>>28695689
Not coping, I hold 13 btc and been doing DCA since mid 2018, I'm letting you all know we're near the top and considering how fast the blow off tops are with bitcoin I think the risk/reward ratio of holding everything right now is terrible.

Just look at what happened historically when the graph hit blue(euphoria)

>> No.28695901
File: 234 KB, 2008x1150, Screenshot 2021-02-14 at 15.08.41.png [View same] [iqdb] [saucenao] [google]
28695901

Look at the logarithmic correlation

>> No.28695967
File: 234 KB, 2004x1150, Screenshot 2021-02-14 at 15.09.23.png [View same] [iqdb] [saucenao] [google]
28695967

Between now and 2017

>> No.28695992

>>28695865
That happened in 2012/2013 with an underdeveloped market, and even if that will happen this year, that still means we are due to a dump now

>> No.28696036

>>28695661
I stand corrected
>1) it can go sideway
>2) it can go up then down
>3) it can go down
>ok bear retard.

>> No.28696093

>>28694520
Whether Bitcoin has a minor dump or not (I hope it does so I can acquire even more) we’re living in absolute clown world where the economy is destroyed and the money printers are going to go BRRRRR perpetually.
There’s just no stopping Bitcoin in this scenario. Nobody can ever make additional Bitcoin no matter what.

>> No.28696129

>>28695233
>lines only go up
TA faggots been rekt on both crypto and stock market nowadays

>> No.28696179
File: 5 KB, 200x253, 1612733002608.jpg [View same] [iqdb] [saucenao] [google]
28696179

>>28694520
Didn't read. Don't care.

>> No.28696220

>>28695875
What’s your advice then OP?
Tether up?
What are you doing?

>> No.28696266

>>28696036
You're a faggot, it's a top or near the top signal, I'm giving you all the scenarios and in all of them holding btc right now doesn't make sense. Learn how to adjust your positions based on risk/reward ratio and stop making autistic arguments on an online forum since you're clueless.

>muh, he only said it can go up down or sideways

No retard, read again

>> No.28696319

>>28695901
>>28695967
What does it mean, anon? I don't get it, I'm a smoothbrain.

>> No.28696385

>>28696220
Personally I'm scaling out of my position like 4% every day, and will pull out more aggressively if I see it's dumping hard. Not tether tho, converting to USDC

>> No.28696428

>>28694520
I've been following this as well, can't be fucked to pay for the glassnode subscription though.

I absolutely agree, although the thermocap seems to be fairly low for the moment so maybe it's just gonna be a 20-30% correction.

>all these "MUH CRYSTALL BALL" dumb niggers
God damn I can't wait for all you manchilds to go back to your /v/irgin boards.

>> No.28696566

>>28696266
Your advice is both good and bad.
You can certainly make more money in the short run if you time the market right and sell right before the dump and then buy in lower. The problem is that nobody knows when this is. Even you claim you don’t really know when.
Most people can’t get that timing right. Most people are better off just dollar cost averaging and holding for a long time.
Personally speaking, I’d love a small Bitcoin dump to be able to afford to buy more.

>> No.28696609
File: 130 KB, 1800x1013, thermocap.jpg [View same] [iqdb] [saucenao] [google]
28696609

>>28696428
This one I'm linking below is free and looks reliable too, and yes I also saw the thermocap being fairly low(pic related) so that's not bad, although imo the NUPL has been more precise
https://www.lookintobitcoin.com/charts/relative-unrealized-profit--loss/

>> No.28696663

This is another bullshit graph that you made in hindsight.

>> No.28696773

>>28696609
Ah!
I'm following that one as well, but thank you.
The problem is that it's 24h late, so It's not as useful as canary in the mine.

I think we might reach 55-65k before a dump

>> No.28697008

>>28696566
I think bitcoin is going much higher in the future, but in the meantime it could go through further bear and bull markets, and the bear markets are really painful. Some of these indicators help you predict when the top is near, surely it's impossible to tell the exact price but with these you can tell you're extremely over-extended and people are being too euphoric. I'll never sell all of my btc, that is retarded, but scaling off a bit when there are signals that tell you you're near the top can help you to not feel as much pain.
>>28696773
Yeah possibly even though I think 55k is definitely gonna trigger euphoria if we do it too soon. The fags at glassnode make you pay like 600$ to have real-time data and fuck that

>> No.28697012

>>28694520
OP there’s like 6 different threads about using TA to prove Bitcoin is about to dump on the front page. They all sound like you, too. I think it’s about time you just kill yourself and stop being a shill.

>> No.28697151

>>28697012
Except it's not TA and you're a retard and should do your own research. Look up what on-chain data and analysis is, then come back

https://academy.glassnode.com/indicators/profit-loss-unrealized/net-unrealized-profit-loss

>> No.28697182
File: 327 KB, 112x112, 1613279951165.gif [View same] [iqdb] [saucenao] [google]
28697182

So what should i do now then? I had my poorfolio dispersed over mostly alts and bitcoin and eth. Should i reinvest the rest of my money into btc/eth for now and keep an eye on the markets for the next pump?

>> No.28697275

>>28696319
Look at how long green line stays green compared to grey line going up

>> No.28697393

>>28697182
Idk man, I'd say take some profits and not be overexposed, that's my advice but I'm still a nobody posting anonymously on an anime forum so I'm just sharing how I see it

>> No.28697458

>>28697008
Yeah.
Lmao I don't even have any BTC, I invested in 3 alt coins so far.
My profit would only cover the glassnode subscription and a bit.
I'm not sure how they'll fare if BTC dumps consideratively, they'll probably dump at the same time.
I'm slowly taking profits, hopefully I still have a week or so.

Worst case scenario if it's just a dump I can buy in lower.

>> No.28697513

I don't doubt the fall one bit, but what's really interesting during the next cycle is the length of the bear market.

Now that Bitcoin is even bigger meme than it used to be, how long will it stay down?
Let's say it falls to 15k or something.
I find it hard to imagine it's going to do what it has done before and stay down for couple of years with possible institutional interest.
That's if what Musk did catches on and other big companies start throwing themselves at crypto.

>> No.28697598

>>28697513
Yeah there's gonna be an increased amount of interest during the bear market.

>> No.28697618

>>28694650
>For clarification, we're currently at about 0.72 or a bit higher, and the euphoria zone is at 0.75
Check back in 2017, it almost touched euphoria iirc it was at .72. that was at like 3k, it still went 7x~ from there

>> No.28697657

Is the crabbing of an alt run a good indicator that the bull market is near its end? ie. bitcoin dominance relations

>> No.28697826

>>28694520
stop spoonfeeding idiot

in all fields

>> No.28698039

>>28694520
>"this time is different"
it unironically is though

>> No.28698180

>>28697657
Someone pls answer this dude I got in and made 1k but now everything is sinking

>> No.28698760

>>28695967
can you give me a link to an updated chart of this so I can keep an eye on it?

>> No.28698866

>>28696609
>>28698760
ah, thanks

>> No.28698961

>>28694520
If you think the bull run is going to end in a few days you’re a fucking retard
We JUST had a 30% pullback

>> No.28699053

>>28694520
yes it's getting close
everyone and their dog is a millionaire now
people in eth and btc are going to be fine in the medium to long term, but people in alts are going to get devastated. What pumped 10x in a month can dump 90% in a month.

>> No.28699089

>>28696385
do you think summer 2020 prices will serve as the bottom when it crashes?

>> No.28699421

>>28695689
>I can’t imagine how unreal the cope will be when we’re nearing $1 million USD per coin
Its this kind of knee-jerk retardation that makes me very bearish about btc right now. Any sort of skepticism is met with "lol u dumb stay poor $1 million eoy!"

>> No.28699677

>>28695661
>3) It can pump BUT that pump would result in the end of the bull market because we'd hit euphoria.

we're in for a double bubble like 2013.

>> No.28699757

>>28697657
Alt coins are close to their previous all time highs in previous runs and most have mooned

>> No.28700071

>>28698961
Exactly. We just had a month long correction. The 2017 run had us revved to the max on technical indicators for about 10 straight weeks, if you had used those to time the top you would've sold below 4k. OP is a retarded bear faggot and probably larp, forgot the decimal point in his .13 BTC stack, dreaming of a dump so he can buy .2

>> No.28700115
File: 94 KB, 1376x756, Untitled.png [View same] [iqdb] [saucenao] [google]
28700115

nuff said

>> No.28700173
File: 60 KB, 1095x725, file.png [View same] [iqdb] [saucenao] [google]
28700173

>> No.28700203

>>28695689
> $1 million USD per coin
I will eat my own cock on national tv

>> No.28700229

>>28700115
this is fud. have fun selling your crypto stocks early.

>> No.28700242

>>28698961
>We JUST had a 30% pullback
And?

>> No.28700270

>>28699089
Impossible to know, there definitely are many new points of support though, made throughout the years, compared to the market years ago at least
>>28699677
That'd be fun to see ngl
>>28699421
Exactly lol, too much delusion/euphoria, maybe we're going there and that's a somewhat ok target to have for the future, but people need to understand there will be more bear/bull markets, crypto has been working in cycles since forever. If one can hodl no matter what, say for 10 years, that's a nice tactic but most people can't even handle one bear market and dump every single coin

>> No.28700311

>>28695720
Who the fuck would talk about something like that?

>> No.28700421

>>28694520
It takes almost a month after it enters blue territory. And the most of the gains come in those first couple weeks of blue territory. Faggot.

>> No.28700430

>>28700173
There’s already several crosses in your chart.
It’s only useful towards the end/top of the market cycle which were still nowhere near

>> No.28700476

>>28694520
thanks for reminding me this exists anon

>> No.28700506

>>28700242
And I wouldn’t be expecting another one until some significant price discovery

>> No.28700540

>>28694520
You fucking retard. If you bought and sold according to that, you would've made a total of 2 profitable trades (excluding shorts), and would've made a lot more money if you had just held instead. If you had shorted too, you would've lost an actual fuckton of money. So with that, your sample size is literally TWO successful trades. You are legitimately retarded.

>> No.28700560

>>28700270
Who the fuck would dump during a bear market

Thats when you ACOOOOOOMULATE

>> No.28700581

>>28700229
how is it fud?

>> No.28700622

>>28700581
We're going to at least 500k this bull run.

>> No.28700836

>>28700540
are u looking at the same chart as me?

>> No.28700861

>>28700115
how fucking wrong can a chart be?
the bars change trajectory continously and then just extrapolate linearly, like, was this made in ms paint?

>> No.28700900

>>28700421
With the NUPL being a widely used top indicator, there's a good probability the second it touches blue thousands of investors will at least dump a portion of their bags at the same time, and I know there are tons of millionaires using that tactic. Too risky to hold at blue but ok
>>28700560
There's a chart showing the areas where the majority of people sell and it's always after the 40-50% dump has already happened, most people sell low

>> No.28700925

>>28700622
delusional

>> No.28700946

>>28695682
This tbqhimo, sure it may be time to sell but who knows if it's for a 20% profit or a huge dump

>> No.28700990

>>28694520
we have a good 4 to 5 months left according to pic and all other pics in this thread

>> No.28701077

>>28700861
accurate so far.

>> No.28701257

>>28700990
Depends on how quick it pumps, if it pumps soon. I think at like 53k we're already at euphoria(blue). The best thing I hope happens is a small dump here of like 15% so the indicator resets a bit and can grow again. It already happened this run, when it went to 42k it was at 0.73, then it dumped and went to like 0.62, now we have pumped and we're at 48.7k and 0.72.

>> No.28701366

>>28694520
>There are 3 possible scenarios to unfold in the coming days.
Do you sit on any boards that are planning to invest a percentage of their treasury in bitcoin?
>No
Oh, your analysis is trash.

>> No.28701369

>>28700836
Yes

>> No.28701441
File: 247 KB, 1906x992, 0FB33F01-718B-4A62-8C50-2122DD508386.png [View same] [iqdb] [saucenao] [google]
28701441

>>28694520

You’re a faggot retard.

>> No.28701528
File: 161 KB, 1991x1250, file.png [View same] [iqdb] [saucenao] [google]
28701528

>> No.28701721

>>28700990
This. NGMI if you sell before summer when literally everything is showing that we are not even close to the top yet.

>> No.28701755

>>28701257
Memelon musk news was unironically bad for btc. It was cooling down and would have been in a much more stable territory for a steadier, longer run.

>> No.28701878

>>28701257
yeah but a pump that quick to put us into the blue really wont happen post 2014. were set for a 30~40% pull back late feb to earch march as well.
also if you compare against the previous bull runs youll see we wont reach blue until august, given its not a double or triple top like pre 2017, so you cant really look at NUPL in a linear scale
were pretty safe until august and we have a good 2~3x left, pulling out now would be like pulling out mid 2017 in the middle of a bull run

>> No.28701895
File: 450 KB, 1800x1013, 1613314150262.png [View same] [iqdb] [saucenao] [google]
28701895

>>28694520
>>28700540
>>28700836
>>28701369
>roughly 200x your original investment
>>28701528
>roughly 10,000,000x your original investment

>> No.28701926

Yeah this cycle is moving too fast.
I think we might be about to see some indicators with perfect track records about to break down.
Pi cycle and RHODL still give way more room for growth than OP's indicator.

>> No.28701927

>>28701755
That's not how things work. With big institutions waiting to get in it will get picked up before it dumps too much.
Wallstreet and corporations are hawk eyeing every retraction in order to fill their bags.

>> No.28702023

>>28700173
what? Upwards crosses are indicated by the dashed vertical line. If you zoom in though you'll see it was early in the past; in 2011 it called the top as ~$6 when it actually peaked at around $20

>> No.28702042

>>28701878
>also if you compare against the previous bull runs youll see we wont reach blue until august

Well you'll have to explain this because as it stands it's just a retarded statement.

>> No.28702131

>>28701755
>Memelon musk news was unironically bad for btc.
Found the poor anon w/ less than 10k to his name.
Most folks in this thread are unironically the meme.
Fuck your gay thoughts and "analysis".
HODL BTC.
It's always been easy.
Just like S&P 500 index funds.
Accumulate and allocate appropriately.
Cya in 4 years.

>> No.28702274

>>28702042
just extrapolate with previous runs you nigger
0.72 is close to 0.5 than to 0.75, meaning if youre looking at it linearly youre ngmi

>> No.28702313

>>28701755
They're not bad for btc as a whole(in the long run), the richest man investing in an asset is always positive, it may end this cycle prematurely though

>> No.28702326

>>28701927
>With big institutions waiting to get in
DONT WORRY GUYS, WORST CASE SCENARIO THE INSTITUTIONS WILL BUY OUR BAGS AT 45K!!
lol

>> No.28702399

>>28702131
Everybody here thinks its going up long term you fucking retard. Thats not whats being discussed.

>> No.28702458
File: 69 KB, 601x894, 1610677188612.jpg [View same] [iqdb] [saucenao] [google]
28702458

>>28702313
>its not bad when the whole market is basically a meme that gets pumped when some rich dickhead makes a twitter post

>> No.28702469

the price for bitcoin will be reported in satoshis next year.

>> No.28702499

>>28702313
It could easily do a March local top at 70k, then go bearish, then do a December cycle top at 200k. Basically what happened in 2013.

>> No.28702522

>>28694520
>16 post by this id
An absolute triggered nocoiner homo.
Why are shitting up the board when you could be KYS retarded poorfag?

>> No.28702537

>>28702399
Just keep ignoring this then >>28701366
This discussion is trash

>> No.28702553

>>28694520
I think $55 is top. So scenario 2.

>> No.28702564

>>28694520
>hence why scaling off(not selling everything) a bit from your positions is pretty smart.

ive been doing this and now I'm sitting with a big amount of cash that is quickly inflating to toilet paper worth.

>> No.28702579

Where can I think this graph with up to date data?

>> No.28702652

>>28695096
Bra, you time is too valuable to respond to trolls. Come on buddy.

Much obliged for the chart. Thank you fren.

>> No.28702836

Once the feminist movement start believing they should own BTC as a rebellion against the oppressive patriarchy, it’s on. They’ll start accepting it as a form of payment for their pussies. They’re 80% of the consumer market. They literally drive the whole economy. Young beautiful, fertile women are the most lucrative commodity on earth. What what the sluts on Snapchat are doing and ride the wave. Pussy drives the economy.

>> No.28702876

>>28702458
He literally bought 1.5 billion dollars worth of btc through Tesla you absolute retard, having that kind of interest from the richest man in the world will eventually make other billionaires FOMO in, and it gives validation to an asset that was demonized as something only criminals used in 2017 and before. Now tell me how that's bad for bitcoin long term lmao

>> No.28702928

>>28702564
So put it into stocks, bonds and/or PMCs.

>> No.28703107

>>28694520
>dumping soon
>just got in on ADA on shit low price, already made profit
>altcoins will rocket after the dump
will probably swap it all to BTC and then wait for them to hit 100k bros

>> No.28703137

>>28694520
I think and hope we're going for option 3. Either way, I exited all alts, sold 75% of my stack and I'm sitting out until we find out which one it is. If I miss out on another 10% gains to avoid losing 30% of my stack, so be it.

Worst case scenario I get to buy back in after we have a 25% correction and we go even higher before it pops.

>> No.28703170
File: 257 KB, 1800x1013, 1613314150262.jpg [View same] [iqdb] [saucenao] [google]
28703170

>>28694520
look at it this way, pic rel
if youre not buying now, youll miss out

>> No.28703186

>>28702579
It won't be in real-time, that is only on glassnode and costs like 600$ a month or something like that, but this one is free and updates once a day https://www.lookintobitcoin.com/charts/relative-unrealized-profit--loss/
>>28702652
No problem fren wish you the best

>> No.28703224

I just use astrology. It actually aligns to a lot of the charts.

>> No.28703234

>>28702313
But even that might not stand.
This indicator is great and all, but it is made for normal markets in normal times. This is not a normal time.
There is unprecedented money printing happening, the stock market has been red hot for a decade now (that should have corrected and crashed years back in realiity), Biden has said he will increase inflation, poor people are getting money checks etc.
If Biden and Brussels stop printing the whole world market will collapse. But they haven't given any sign of stopping yet. So where does all this free money go? It'll keep going into crypto and stocks until we get the mother of all crashes globally.

When Biden stops printing, that's when you gotta worry I think.

>> No.28703277

>>28694520
90 paragraphs of retarded shit to literally say that bitcoin will either go up, down, or stay the same. Never change /biz/...

>> No.28703360

>>28703277
Nobody can predict the market with absolute certainty, you absolute fucking retard. What we can do is look at the probability of different scenarios playing out, and set up our risk management thereafter.

>> No.28703409

>>28703234
>unprecedented money printing
It's the new "we have the institutions this time"

>> No.28703420
File: 46 KB, 720x544, EtoksSFWQAIdFM0.jpg [View same] [iqdb] [saucenao] [google]
28703420

It will not untill Tether is printing fake money.

>> No.28703587
File: 73 KB, 458x318, 42DCD51E-D8C3-4FE1-9FE8-5B4BADBB7B73.png [View same] [iqdb] [saucenao] [google]
28703587

We’re heading for $330k per Btc bitch

>> No.28703673

>>28703360
Cool. So according to your brilliant predictions I should expect it to go up, down, or stay the same? This is really earth shattering stuff!

>> No.28703684

>>28694520
thanks for trying op, but people here are too retarded, they deserve to stay poor. Let me know where you can get this updated chart for free i am interested

>> No.28703946

>>28700203
shotted

>> No.28703963
File: 186 KB, 1932x906, Capture.png [View same] [iqdb] [saucenao] [google]
28703963

We might pull back a little, but we're still heading to 300k. This is mid 2017 all over again.

>> No.28704113

>>28694520
I believe that the nupl is legit but as long as link isn't at $1000 I'm not interested in scaling out 10% of my stack

>> No.28704129

I think OP is right that Bitcoin needs a big dump to sustain the bullrun. Good old faggoty Elon Musk might have genuinely shortened the bullrun by shilling.

>> No.28704200

>>28703673
You can expect it to go up by ~10% or down by ~30%. If you can't set up your risk profile in order to not lose money based on that knowledge, you might genuinely be retarded.

>> No.28704249

>>28703234
You're right, the situation is different than in previous bull markets, but what would your exit strategy(or partial exit strategy) be? I think one must have a strategy to at least derisk from your holdings at some point
>>28703684
It won't be updated in real-time but it'll be updated every day. https://www.lookintobitcoin.com/charts/relative-unrealized-profit--loss/
>>28703360
Based

>> No.28704294 [DELETED] 

>>28694520
>>28695096
>big thing come down maybe
Thank you for your valuable insight.

>> No.28704311

>>28694520
That chart shows that the NUPL stays up there in the green for over a year before the cycle bursts. We have like 9 more months before this will become relevant

>> No.28704327

>>28696385
Won’t you get taxed going crypto-USDC?

>> No.28704408
File: 6 KB, 235x215, 1611413821135.png [View same] [iqdb] [saucenao] [google]
28704408

>>28694520
>>28695096
>hmmmmm, look at lines
>big thing come down maybe
Thank you for your valuable insight.

>> No.28704422

>>28703963
Care to share link to chart anon?
I’m still learning TA so I’d really appreciate it.

>> No.28704460

>>28694520
I've come the same conclusion using old-school pattern recognition and triangles. Bear market is coming sooner than euphoric "Apple is buying soon!" retards think.

>> No.28704480

>>28703963
thats a given, question is. when is the top/dip

>> No.28704664

>>28700203
even in the future their camera technology still won't be good enough to see it

>> No.28704705

>>28703186
Thanks for all your help anon! :)

>> No.28704778
File: 165 KB, 1792x858, bitcoin-rainbow-chart.jpg [View same] [iqdb] [saucenao] [google]
28704778

>>28700115
I like how every single one of these rainbow charts are completely different, proving how it's not based on anything but some random fag's predictions.

>> No.28704822

>>28703963
Thats not how elliot wave works

>> No.28704889
File: 85 KB, 294x313, 1571984988143.png [View same] [iqdb] [saucenao] [google]
28704889

>>28704249
>what would your exit strategy(or partial exit strategy) be?
Jesus christ fuck off. You still don't get it.

>> No.28704900

eta on how long til massive dump so i know when to fill my bags?

>> No.28705142

>>28694520
This time it's actually different
And the $1 eth/btc OGs sold ages ago

>> No.28705612

>>28694976
Rare id

>> No.28705685

>>28704900
Big dip is comming on summer

>> No.28705789

>>28704778
thios just has 1 more color, everything else looks accurate

>> No.28705797

>>28694520
Buy high sell low

>> No.28705944

>>28700071
Keked and based

>> No.28706292

Isnt march always the worst month for crypto?

>> No.28706557

>>28696093
This. Unprecedented times means historical trends are not helpful here. Infinite brrrrrr, stimmy checks, economy picking back up and big inflation, maybe even hyperinflation on the menu for the near future. Price could go up 5x from here and it would not even signify delusional optimism about bitcoin, it would just mean the dollar has been trashed and bread now costs $25/loaf.

>> No.28706621

This is a better predictor
https://decentrader.com/charts/rhodl-ratio/

>> No.28706632

>>28704900
20-30% dip possible in the next 2 weeks.

>> No.28707123
File: 75 KB, 258x205, 1584476677105.png [View same] [iqdb] [saucenao] [google]
28707123

>>28706621
what does the blue line mean

>> No.28707203

>>28702876
Because people ae going to want to scrape off profits and sell their coins for a currency they can actually buy shit with.
There's a crash coming and you faggots will say "no one could have seen this coming" when you panic sell and post your pink wojaks.

>> No.28707370

>>28707123
blue line is the line that predicts the crash, white line is current btc price. That chart is saying a crash is still some ways away.

>> No.28708729
File: 143 KB, 1062x1080, 1570820261737.jpg [View same] [iqdb] [saucenao] [google]
28708729

miners are already not able to mine enough to satisfy demand. JUST wait

>> No.28709093
File: 92 KB, 1061x1018, 1597112233988.jpg [View same] [iqdb] [saucenao] [google]
28709093

So do I sell my 0.1 bitcoin or not? Had it for like 5 fucking years now, don't need the money at all.

>> No.28709195

>>28709093
>do I sell
>don't need the money

???

>> No.28709335

>>28709195
Seems like bubble that will burst soon? Since bitcoin is so well known now, I guess that anyone who will spend a lot of money on bullshit digital tokens has already done so?

>> No.28709384

>>28694520
Where do we float our crypto on the way back down?

>> No.28710058

>>28709093
give it to me I'll keep good care of it

>> No.28710083

>>28709335
so you dont actually believe in the blockchain and just want a "get rich quick" scheme? sure, withdraw.

>> No.28710450

>>28710083
Well I mined them like 5 years ago and thought it was cool at the time but I really don't care about it. I don't think blockchain technology is going to change much because debt cards work well enough.

>> No.28710557

>>28697513
Lets play a game and assume the bear market ends next week. How long would the “two year bear market” be considering the length of the bull market compared to 2017/2018?

>> No.28710615

>>28694520
Your chart puts us in mid 2017 you dumb fuck. It pumped almost 10x from then until the top.

>> No.28710645

>>28700203
i want to see you do that in 2028 when bitcoin legit goes to 1M.

>> No.28710668

lllmmmmaaaaaaooooo
did you see this trash on /biz/
who allowed them to shill this trashcoin?
I have already taken part in bot ocean private sale and wait for launch
better use bots for trading with unique algo
than believe in fortune or smart investment

>> No.28710972

>>28710083
This is why I am following the charts. People in here are basic retail. Old biz is dead and everyone is literally saying it’s different this time. That we don’t believe in blockchain tech blah blah blah. Imagine just for a second you’re retail yet to pull profits. People will sell and unironically crypto will need a pullback to launch again. Nobody is saying we don’t believe. We just want to buy in when coins are going to launch again after a healthy pullback. Look at the rainbow meme chart, yes it has a way to go but there are pullbacks of significance. Everyone saying institutions will buy our bags at 40k are foolish because everyone knows they’ll try to buy the bottom not the first -10% which is nothing in this space. I’m out of alts and waiting to see what happens. Less than two weeks ago we had <T in crypto Mcap and now 1.5T. A pullback here makes sense. This board is flooded with delusional HOLDers who don’t want to time the market because of fear of missing out on 20% when everything has mooned without a correction. Retail always sells late and that’s what this board is now. The numbers won’t go straight up forever, that’s not to say we’re not just beginning this bull run for 2021

>> No.28711109

>>28694520
Your not getting my bitcoin apple, Blackrock, microstrategy, tesla, twitter or whoever the fuck you are. FUD thread designed for one thing. To grab your coins and make you dump them. IT'S GOING TO 200K THIS CYCLE FAGGOTS.

>> No.28711289

Imagine a world where normies see bitcoin trending on social media, buy in and hold, and outperform TA autists who are obsessed with thinking there is a magic cycle.

>> No.28711368

>>28703360
Or just shut the fuck up and HODL

>> No.28711403

>>28710450
holy fuck we are early

>> No.28711437

>>28710972
Retail always sell late because retail lacks the information or the skills to trade well. That's the entire fucking point of hodling.

>> No.28711498

>>28703420
>untill Tether is printing fake money
they have been for the past year.

>> No.28711645
File: 56 KB, 1142x576, RHODL_Ratio.png [View same] [iqdb] [saucenao] [google]
28711645

https://www.lookintobitcoin.com/charts/rhodl-ratio/

>> No.28711678
File: 77 KB, 1230x663, 🌈_Bitcoin_Rainbow_Chart_live_Blockchaincenter.png [View same] [iqdb] [saucenao] [google]
28711678

https://www.blockchaincenter.net/bitcoin-rainbow-chart/

>> No.28711679

>>28710972
>Everyone saying institutions will buy our bags at 40k are foolish because everyone knows they’ll try to buy the bottom not the first -10% which is nothing in this space
one issue with this particular point is liquidity
dollars are cheap especially for institutions, will remain cheap for the foreseeable future
a hypothetical institution interested in taking a large bitcoin can only buy so much in a single day without sending the price way up

>> No.28711716
File: 92 KB, 1753x645, Bitcoin_Stock_to_Flow_Model_S2F_Live_Chart_PlanB_.png [View same] [iqdb] [saucenao] [google]
28711716

https://digitalik.net/btc/

>> No.28711745
File: 80 KB, 1304x784, Bitcoin_NVT_Ratio_Woobull_Charts.png [View same] [iqdb] [saucenao] [google]
28711745

http://charts.woobull.com/bitcoin-nvt-ratio/

>> No.28711865

>>28711645
>>28711678
>>28711716
>>28711745
Bookmark these 4 charts.
Sell when two of them tell you to.

>> No.28712119

>>28694520
You are wrong and this is just the beginning
>>28679075

>> No.28712135

>>28711645
>>28711678
>>28711716
I've been keeping an eye on these and the thermocap.

>>28711745
Not exactly sure what I should be reading in this one

>> No.28712615

>>28712135
>Not exactly sure what I should be reading in this one
See the two parallel dotted lines at the bottom ?
Buy when it goes over the bottom one, sell when it goes over the top one.

Came out in Feb 2017.

>> No.28712861

>>28694520
pi cycle is a better indication of a top. although the time is near, we probably have a few months left.

>> No.28713302

>>28705612
Good eye lad, take a (you)coin

>> No.28713622

>>28712615
The sell signal for December 2017 comes up in march 2018 though.
Doesn't seem very useful

>> No.28713747

>>28696129
maybe redditors and 4channers who try and use TA with the big boys, works for the rest of us, cope

>> No.28713872

>>28713622
There are no charts that are not lagging that time tops and bottoms exactly. You want the bulk of the rise. You get 70% of the rise and avoid 70% of the fall and you get rich.

>> No.28714060

>>28713872
Well to be fair the Nupl/rsi, rhodl and thermocap are pretty spot on.
I'll keep an eye on that one as well but it adds very little if you go with the first three

>> No.28714187

>>28714060
redundancy is worth a lot as long as the indicators are not strongly correlated.

>> No.28714731

I'm an unlucky dumbtard without any knoledge on finances that get into internet magic money at the end on January. Everything is in its ATH and >+30% weekly.

Even me knows that this shit must blow up soon than later...

>> No.28714907
File: 49 KB, 1242x796, Untitled.png [View same] [iqdb] [saucenao] [google]
28714907

>>28714187
Fair enough, but this one is awful.

For the 2017 peak it's hardly any indication at all, and for the 2013 peak it's a buy signal even.

>> No.28715063

>>28714060
Do you have a direct link to the Nupl/rsi and Thermocap chart, that i can pull up each day ?

>> No.28715291

>>28715063
The Rsi is on trading view,
this nupl is 24h behind
https://www.lookintobitcoin.com/charts/relative-unrealized-profit--loss/
And this has a multiple indicators
https://marketmilk.babypips.com/symbols/BTCUSD/overbought-or-oversold?source=coinbase

>> No.28715319

>>28714731
actually you just think that because youre inexperienced and all you know is getting burned after a big spike
what you have to do is put all your money in crypto and just leave it for 6 months to a year and dont think about it
like everyone is scared of a crash or major pullback but ill tell you from experience the most likely thing to happen is also the most retarded thing
btc will hit 100k by summer and other top 20 coins will 10x

>> No.28715364

>>28715063
Forgot to say, there's a couple of youtubers that pull up the Thermocap and other glassnode charts dayly

>> No.28715402

God I hate TA amateurs like OP who don't even take a specific system and specialize in it and think they're the only ones in the world who do this shit for a living.

>> No.28715474

>>28695096
You're so mad that you're shaking. You're not the sort anybody would want to pay for financial advice.

>> No.28715565

>>28715291
>nupl
Cheers. Now gotta get a daily Thermocap chart that I dont have to pay for.

So then I'll have these to look at each day.
https://www.lookintobitcoin.com/charts/relative-unrealized-profit--loss/
https://www.lookintobitcoin.com/charts/rhodl-ratio/
https://www.blockchaincenter.net/bitcoin-rainbow-chart/
https://digitalik.net/btc/
Thermocap

>> No.28715615

>>28694520
Thank you for sharing this information anon don't mind the ungrateful retards.

>> No.28715632

>>28700861
>>28704778
It's a logarithmic growth curve you penis monkey

>> No.28715673

My analysis is telling me we could either go up or down within an indeterminate amount of time. I’ll keep you all posted.

>> No.28715680

>>28696220
Altcoins pump next

>> No.28715994
File: 94 KB, 1527x773, Bitcoin_Thermocap_Glassnode_Studio.png [View same] [iqdb] [saucenao] [google]
28715994

>>28715364
Ah looks like I can get it here by signing up for the free account.
https://studio.glassnode.com/

>> No.28716016

>>28704664
Savage
Also screencapped just in case, >>28700203

>> No.28716072

>>28715994

Check the date of the data. Free version is shit.

>> No.28716174
File: 96 KB, 1531x759, Bitcoin_Market_Cap_to_Thermocap_Ratio_Glassnode_Studio.png [View same] [iqdb] [saucenao] [google]
28716174

>>28716072
Ah shit yeah now I see. I want this one actually right ?

>> No.28716189

>>28715994
No you can't, I think the 39$/month subscription offers it.

>> No.28716237

>>28716072
>>28716189
Got any links to a youtuber that shows it on the daily ?

>> No.28716258

>>28696266
>making decisions based on a signal that hasn't even happened yet

>> No.28716337

>>28716174
Yes,
as you can see it's quite accurate.

>>28716237
Sadly not on the daily, I've seen ivanontech use a few times.
It has been way under the red zone in the past week. About midway to it.

>> No.28716481

>>28716337
>Yes,
>as you can see it's quite accurate.
Looks that way. I want to keep it as simple as possible.
What charts do you look at when you start your crypto day ?
Did you get a sub to glassnode? It's kinda steep for one chart.

>> No.28716698
File: 40 KB, 598x598, 1612468485907.jpg [View same] [iqdb] [saucenao] [google]
28716698

>>28696385
>Not tether tho, converting to USDC

What's the difference??

>> No.28716744

>>28695661
INTERNET MONEY GO BRRRRRRRR

>> No.28716858

>>28700203
John?

>> No.28716881

>>28716481
That's pretty much all, but I did add the stock to flow one, thanks.

Yeah, it's steep but I've been considering trying out for one much just for the fuck of it.

Although at the moment a big correction, if not a dump might be imminent.
So I've been trying to take my investment back entirely since I got in a bit late.
I think 5-10 days to figure this one out.

Best case scenario bitcoins dumps 20-30% and then keeps climbing.

>> No.28717009

>>28704200
That's not 'knowledge', that's baseless speculation from some nobody online.

I love how you fully say you don't know if it will go up, down or stay the same, but somehow you know the EXACT percentages it will move by if and when it does....how shockingly retarded

>> No.28717035

>>28695661
Your analysis is what happens at the end of every bitcoin cycle. Thanks for trying to make it sound like novel information and wasting everyone's time.

>> No.28717037

Crypto is obviously about to correct you bunch of greedy morons. exit now and rebuy later. The same reason you are still holding and buying with graphs that look like they do is the same reason why you will never be rich anon.

crypto tech is ok, it just happens to be the perfect scheme for the top of the cognitive strata to shake the money of the retards that want to get rich quick.

buy in the summer, wait for the next pump and multiply your money.

I did 3x and I'm out and back to work on an actual source of income instead of being here all day. I really just chime in /biz so i can read all the delusional shitcoin comedy i see on these threads.

>> No.28717118

The rhodl seems fine, were entering the second stage of the bullrun

>> No.28717122

How much has he made so far
https://www.google.com/amp/s/fortune.com/2020/12/30/russell-okung-nfl-salary-bitcoin/amp/

>> No.28717186
File: 98 KB, 370x320, OOOOOOOOOOO.png [View same] [iqdb] [saucenao] [google]
28717186

>>28717037
Yeah but the problem with you and OP is you face no consequences for your false smug shit-eating predictions. We can't rape and kill your family while you're forced to watch on a monitor from your wage cage. So it doesn't matter what you have to say.

>> No.28717281

>>28716881
That Glassnode NUPL and Thermocap charts look spot on.
Damn wish someone knew of a telegram group or somewhere that posted them daily.

>> No.28717324

>>28717186
HODL faggot. Be poor :)

>> No.28717372

>>28695875
i fucking hope you're right, i'm in the market to buy

>> No.28717412

>>28716881
This guy seems to post it a bit
https://twitter.com/CryptoBrrr

>> No.28717444
File: 269 KB, 1125x1557, F5353766-CC92-4F13-914E-5FFBFC4656DA.jpg [View same] [iqdb] [saucenao] [google]
28717444

Never mind he’s made around 4 million

>> No.28717469

>>28717281
I hope this is bait

>> No.28717546

>>28694520
stupid fud
this has been going around for weeks now
we will keep going up for some months

>> No.28717611

>>28716698
USDC is backed by actual money.

>> No.28717655

>>28694976
rAre

>> No.28717682

>>28717412
That's great, thanks.

>>28717281
The base subscription is 29$/month and it's just as good as the one I posted for nupl since it's 24h. Not sure if it's worth it for the thermocap.
And I highyl doubt there's a free telegram around for a 800$/month service

>> No.28717767

>>28717469
>I hope this is bait
Explain. Just trying to learn enough to not get burnt

>> No.28717768

>>28717186
The consequences of my smug shit-eating predictions are generating lots of wealth so I would be watching my family get raped and killed from my fucking yacht thank you.

and that's right man then please buy more BTC

>> No.28717775
File: 28 KB, 400x400, brap.jpg [View same] [iqdb] [saucenao] [google]
28717775

Niggers have been FUDing all year and just shifting the goal posts when it doesn't pan out. Fuck off already. We know that there's a top but it's end of July or August. Nobody want to listen to a bunch of faggot who have been getting it wrong non-stop;

>> No.28717926

>>28694650
Lol I sold today because people around me told to buy bitcoin even parents, lmfao

>> No.28718009

>>28717768
Yeah yeah you're not the first to say shit like that here then scurry off when he gets liquidated.
Lots of money is entering the market and this week everything from stocks to commodities to crypto will see a vertical spike. DEFI to the moon. Are you going to make a thread apologizing when that happens? No? Then fuck off wagie coward.

>> No.28718157

This pump has institutional money....OP is a faggot.

>> No.28718257

>>28716698
>tether tho

One is for the Chinese government, the other is for the American. Who do you slightly trust more?

>> No.28718332

>>28694976
Post your rArest pepe

>> No.28718392

>>28717926
LOL LOL LMFAO WOAH THAT'S SOME SOLID INVESTMENT DECISION MAKING BRO LOL LMAO

>> No.28718483

>>28718157
>he thinks that institutional money doesn't intentional fuck with prices
You're the faggot.

>> No.28718529

>>28717926
Were all laughing at you because when they buy is when you sell not before.

>> No.28718580

Aside from all the kiddie diddling small brained faggots this has been the most informative thread I've seen on /biz/ so far.
Cheers lads.

>> No.28718756

>>28718580

This. According to https://decentrader.com/charts/rhodl-ratio/ I'll give it a few months at most until it's bear season again.

Can't wait to get all these fucking pajeets off of /biz/

>> No.28718806

Next dip is in March. Bust of the cycle is late summer. Smell ya later niggers.

>> No.28718882

>>28718806
>Next dip is in March. Bust of the cycle is late summer. Smell ya later niggers.
facts

>> No.28718971
File: 23 KB, 225x266, 88B966CF-623D-4902-8CFC-BDBF1921A75E.png [View same] [iqdb] [saucenao] [google]
28718971

The biggest non numerical sell signals in my experience have always been:

1. Celebs/E-celebs asking about/shilling coins (this one hasn’t worked this time)
2. Real life tech illiterate family members asking about/talking about coins (also hasn’t worked this time)
3. People getting angry at you when you say the market is overbought (starting to see more of this lately)

In a standard market, if you say things are going to go down tomorrow nobody bays an eye. When the reaction is extreme, frothing at the mouth anger then you know the market will correct very soon. I also notice that /pol/cels tend to latch on to these trends very late, they did the same thing with GameStop, so if you are met with the following words after saying the market will correct, you know it’s probably going to happen soon: kike, shill, tranny.

>> No.28719053

>>28718806
Yeah march 2022. We're currently in early 2017 point of the cycle as OP pic illustrates

>> No.28719081

>>28718806
>>28718882
actually its gonna correct pre-march

>> No.28719178

>>28718971
>if someone disagrees with me I'm right
>if someone agrees with me I'm also right

>> No.28719323
File: 107 KB, 921x921, DKY4HDCXkAEod-I.jpg [View same] [iqdb] [saucenao] [google]
28719323

Dahmp it.

>> No.28719690

>>28718971

The delay is most likely because everyone is more poor (than usual) this this time around.

There isn't enough money being put in at the rate it was compared to 2017. Give it untill summer when you won't be able to stop hearing bitcoin every single fucking where you go.

After that THEN you sell (and accumulate untill the next bull starts which will big the biggest one yet.

>> No.28719860

>>28719690
>After that THEN you sell (and accumulate untill the next bull starts which will big the biggest one yet.
Its gonna be a minimum 2 year bear market after. Why will the next run be bigger than this one?

>> No.28719865

>>28719690
Or more likely this wave is institutional and they don't really care what Jay Z says on twitter

>> No.28719882

>>28719178
That’s not what I’m saying, people have disagreements all the time, it’s when you see someone invest their entire identity into the market going up and feel as though anyone saying it will go down is attacking them personally. Then you see complete and utter seething and frothing at the mouth because they have to have everyone feed their delusions.

>> No.28719949

>>28719882
Sounds like this thread and board rn

>> No.28720077

>>28719882
>invest their entire identity into the market going up and feel as though anyone saying it will go down is attacking them personally
I see the same on the bobo side too. Is this bullish

>> No.28720167

>>28702652
>>28695096
Embarrassing samefag. Pathetic dumb nigger

>> No.28720183

>>28719882
Yeah retards on /biz/ don't know how to diversify.


I hold stocks, crypto, and precious metals.

>> No.28720331

>>28719860

Because naturally the bull runs get bigger and bigger. Especially with crypto becoming more adopted. Next run we're gonna hit bare minimum 100k in Bitcoin.

>>28719865

Money is money. Doesn't matter if it's institutional or if it's coming from your local pajeet. Corporations don't create waves. The millions of people who buy/sell do.

There's die hard fans for every celeb. Of course JayZ and others get the ball rolling. Elon retard Musk made BTC hit its ATH this month just by saying he bought a lot of it.

>> No.28720356

>>28703224
Detail it anon I’m curious if you’re being serious

>> No.28720389

down he goes
this will make u reddit bastards weep
LMAO it grow
then KEK it dumps
why you cry like a lilboi??
ar u lose again with your shit bot for trading?
> be clever use bot ocean for cex and dex trading, forget about scam strategies

>> No.28720399

>>28715319
You are a Sir and a gentleman. Now i feel comfy.

>> No.28720665

>>28702876
fucktard you should know how low tesla position is

>> No.28720744

>>28694520
Euphoria can last for a month on this chart. this is a important info!!!!

>> No.28720755

>>28720331
We're going to hit 100k+ this run. 250k+ most likely. You're way off lol

>> No.28720869

>>28720755

Yeah probably at least 100k this run before the next. Not sure why I was thinking this was the peak already.

>> No.28721159

>>28720356
The QRD is that the great conjunction of Jupiter and Saturn late last year was and is a sign of massive change within the world, and always has been. Similar times it has happened, the last time exactly Genghis Khan happened, and another time where it was close the enlightenment happened. This is all rather general, until we realise that it happened literally 0 degrees on Aquarius. Why is that important? Aquarius is the water bearer, the abstracter, the cold reasoner--among many other things. Within the modern world this is associated with the online world, the imaginary world, the currency of ideas and change, usurping. Basically, crypto fits into his description very well. Jupiter is currently transiting Aquarius ahead of Saturn, who rules the sign. However, whereas Jupiter brings abundance and large movements of growth, Saturn brings restriction and pull-back in a similar fashion. Modern astrology puts Aquarius with Uranus, but that's retarded for lots of reasons. Anyway, Jupiter will exit out of Aquarius on May 13th.. There's some leeway, since he's large and in charge and more general, but after he leaves Aquarius the Saturnine elements will kick in and the retraction and harm will come. There's a pull-back there, which might be fairly strict. He then retrogrades back into Aquarius on July 28th, before exiting finally on December 28th. Retrogrades are normally internally centred for Jupiter, so there will be an internal consolidation of the lack of great energy that was previously missing. I wouldn't be surprised if there was a double peak this year, but the May month should be watched.

>> No.28721239

>>28721159
Also, Mercury is quicker, and would be the other planet to look out for, but that's more to do with communication and technical issues or mishaps vs smooth running. Higher strung.

>> No.28721351

>>28720755
>>28720869
>proof? my ass

>> No.28721633

>>28721159
>The state of bitcoin TA

>> No.28721834

>>28721633
I think you'll see.

>> No.28721837

>>28721159
Are you a flat-earther?

>> No.28721886

>>28721837
No.

>> No.28722234
File: 67 KB, 847x400, 1602105372918.jpg [View same] [iqdb] [saucenao] [google]
28722234

>>28701755
unironically was the opposite. If Musk hadn't made that announcement, yes, i think BTC would have crabbed or dropped a little, reset all indicators (NUPL, RSI etc).
HOWEVER you have to realize how much of a paradigm shift the announcement was - one or two random companies investing in bitcoin is bullish but on a long term basis, hedge funds will go wherever they think profit is regardless of having the 'crypto vision of the future'. But Tesla, being THE retail cult stock buying 1.5 billion BTC, announced to the world that Musk thinks Bitcoin is a good long term investment. From this announcement, money will be flowing in to Bitcoin for the next 6 months MINIMUM, which will fast track it's adoption in the greatest feedback loop you've ever witnessed.

>> No.28722432

>>28704249
>exit strategy
this >>28704889

if you still think this way, take a step back and look at whats happening - you are witnessing the birth of the base layer of the new global financial system. normally this would be a moonshot but its literally happening, it started in the March Coronacrash when the macro environment became literally perfect. Musk has confirmed this.

>> No.28722490

>>28722234
and we have tax returns and stimulus checks still coming

>> No.28722688

>>28722234
not to mention mastercard and paypal, if other companies follow their lead I can see BTC going even higher

>> No.28722803

If this kind of simple and reasonable analysis gives you guys heartburn... then how are you justifying bitcoin as an investment unless you are just holding for years

>> No.28722873

>>28721159
Great analysis, please open an astrology prediction general anon!

>>28722234
Look at the max chart, do you really think now is a good time to buy in?

>> No.28723186
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28723186

>>28718971
This, when /pol/eddit started heavily shifting the narrative from "Holy shit, were all going to make it finally" to "HODL HODL HODL AS LONG AS POSSIBLE TO SPITE MUH JOOOZ DA JOOOOOOOWZZ", I knew to sell all of my stock once it reached a reasonable amount. Sold it off @ 400, made a hefty fucking chunk of cash since I bought when it was around 10 bucks, and sat down with a drink to watch the pink wojacks from /pol/niggers with 0 economic sense who thought it would only go up without 0 meddling from the people about to go bankrupt.

>> No.28723252

>>28722490
exactly, everyones getting money, wondering what to do with it. suddenly Bitcoin is on everyone's radar.
>>28722688
yeah, the mastercard, visa & paypal news were unthinkable in 2017. insanely bullish.
>>28722873
>do you really think now is a good time to buy in?
we have a chance to own an outsized portion of the base layer of the future global financial system.
Yes
your grandchildren will stare at you wide eyed when you tell them people used to own entire Bitcoins

>> No.28723437

>>28723186
>Sold it off @ 400
You sold BTC at less than 1% of its current price?

>> No.28723486

If we go past 50k, the next high will probably approach 100k. In which case, I will sell approaching that value.

>> No.28723533
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28723533

lets look at a basic trend - anyone who has bought & held bitcoin through a halving cycle has 10x-ed their wealth.
Anyone holding through 2 is a multimillionaire
why bet against this trend when you see all this bullish news about how its actually being integrated in to everything in the system, not just a meme currency used by drug dealers.
being on this board all the time means we're desensitized to how niche crypto is - think about how INSANE it is that institutions & S&P500 companies are buying Bitcoin.
Im so fucking bullish it's unreal. I buy more every paycheck and will keep buying as long as people accept fiat for Bitcoin.

>> No.28723600

>>28723252
>future global financial system
Not with China controlling the supply, bitcoin will remain a store of value.

>> No.28723725
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28723725

literally everyone is calling for the top soon or at around 100k. if you think this many market participants are correct you're delusional. Bitcoin will rip higher than you can ever imagine and the FOMO will pull even the biggest bears back in.

we are already in the meme timeline, Bitcoin wont stop until 1 sat = 1 dollar

>> No.28723819
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28723819

>>28695233
Checked. Kys OP you TA faggots should honestly be banned. You useless retards just draw lines that are always wrong and wastes everyone’s time.

>> No.28723824

>>28723600
>China controlling the supply
recycled 2017 FUD
The BCH fork battle showed how little power miners have over the network, it literally doesn't matter where miners are geographically located.

>> No.28723864

>>28723437
>since I bought when it was around 10 bucks
Work on your reading comprehension.

>> No.28724001

>>28722873
>Great analysis, please open an astrology prediction general anon!
Thank you. I may consider it, but honestly it isn't worth the hassle and grief I'd get. Ironically, I've given the most definite dates in the thread though, kek.

>> No.28724154

>>28704460
You have read your chickenbones, oh wizard?

>> No.28724187

>>28697275
what's the grey line?
i hate graphs that don't have a proper legend

>> No.28724366

>>28694520
If we're taking 2017 as a reference, this means we're due for 2 more dumps to 20-30k followed by even larger pumps ultimately peaking above 100k before the real bear market. This is extremely good news.

>> No.28724526

>>28695661
i made no fucking money its killing me, why the fuck

what about stimulus checks??

>> No.28724539

>>28711865
and this
https://twitter.com/HalvingTracker/status/1360756956554792960/photo/1

>> No.28724592

>>28723864
What does this have to do with the fact that you sold it at 400?

>> No.28724898

>>28724366
If we go off 2017 as a reference the high will be 330k.

>> No.28724971

>>28723725
This actually makes sense, there is too much consensus on bitcoin peaking around 100k. Either everyone frontruns each other (more likely) and we dump early, which may actually extend the bullrun and lead to a healthier growth, or it rips up much higher like you said and we get another 2017.

>> No.28725008

>>28723533
Based ASUKA!! thanks for the qrd

>> No.28725170

>>28720755
I can see 100k-150k this run in mid summer
But 250k ?

>> No.28725192

>>28724592
he is talking about GME, retard

>> No.28725548

>>28694520
>it can go up
>it can go down
WOW THANKS!

>> No.28725651

>>28695096
kys loser retard
/thread

>> No.28725674

>>28695661
THANK YOU FOR TELLING US IT CAN GO UP OR DOWN THANKS!!!

>> No.28726119

i have .3 bitcoins

is this enough to matter?

>> No.28726357

>>28725548
>>28725674
low IQ

>> No.28726652

>>28725192
Huh, never occurred to me that someone buying GME would be calling other people reddit

>> No.28726917

>>28726119
Yeah, it won't be life changing, but it will make it easier to make it. If only we had bought the trough in 2019.

>> No.28727082

>>28704249
as soon as they stop printing the money im out. everyone i know spent their stimmys in investments retard. any indicators for that? no? thought so retard.

>> No.28727090
File: 2.39 MB, 300x400, 1557387923076.gif [View same] [iqdb] [saucenao] [google]
28727090

>>28703963
LETS GOOOOOOOOOOOOO

>> No.28727129

>>28726119
how does $20k at the peak and $300k in 2025 sound?

>> No.28727173

>>28726917
Remember what you just said 2 years from now, and act on it. It's easy to put crypto aside during long bear markets and turn your attention to other things, but that's the exact opposite of what you need to do to make it. There will be more buying opportunities, but you need to be patient until that time comes and have the motivation and will to actually act on it at that point.

>> No.28727247

>>28723819
Idk why I even bother to answer but that isn't TA, it's on-chain analysis. Kill yourself, read what someone is saying next time. So retarded you can't even differentiata TA and on-chain data

>> No.28727257

>>28710972
>Everyone saying institutions will buy our bags at 40k are foolish
yet teslsa bought at that range nice try retard

>> No.28727521

>>28727257
Elon bought in April and is now pumping his bags

>> No.28727701

>>28724539
That is insane. If you use the average it is almost exactly where we are.

>> No.28727809
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28727809

>>28727173
That's the plan. I was buying bitcoin during the bear market. I just didn't expect for bitcoin to explode in price so quickly. I though I would have another year to accrue. Let everyone know there are a myriad of opportunities happening around you all the time. You just have to find them and you will make it.

>> No.28728000

>>28727809
>I was buying bitcoin during the bear market. I just didn't expect for bitcoin to explode in price so quickly
then you'll make it. I focused too much on precious metals for the last year or so, thinking an economic collapse was inevitable with the lockdowns, kinda lost faith in crypto (but I didn't sell what I had just in case). I did quite well for myself considering current silver prices, but there is always that lingering regret of not having bought some more crypto during the corona crash.

>> No.28728097

>>28728000
Most definitely, my main problem was a lack of funds. By the time I had a steady surplus from my paychecks, the bull market was already underway.