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/biz/ - Business & Finance

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File: 1.10 MB, 3840x2253, rsi.png [View same] [iqdb] [saucenao] [google]
49705975 No.49705975 [Reply] [Original]

1 day RSI: 24 OVERSOLD
1 week RSI: 23 OVERSOLD
1 month RSI: 41 OVERSOLD

Bitcoin is literally the most oversold it's ever been and bobo's have the audacity to scream sub 15k?? HAHAHA

Can't wait to hear the bobo cope comments.

It gives me great pleasure knowing that Bitcoin may once again slip into the forgotten and give me a chance to make it for real next bull run.

>b -b -b-b-b b-b-b bbbbb b-but there wont be another bull run!!!!!! because there... there just won't OKAY!

Kek. seems like that 'history repeats itself' logic only applies to certain circumstances when it benefits your point of view, isn't that right bobo?

>> No.49706204

Checked and based

>> No.49706228

cope

>> No.49706232

>>49705975
Ok leddit spacing fag, enjoy losing more money then

>> No.49706246

Oversold just means its bearish, dumb fuck

>> No.49706249

oversold doesnt mean shit in a downtrend

>> No.49706274

>>49705975
This is unironic hopium. A billion dollar market isn’t going to respond to TA you nerd

>> No.49706275

bitcoin has not been through a recession yet

>> No.49706288

Means jackshit

>> No.49706302

>>49706275
yes and it's priced in a recession already with -80% market wide drop while SPX barely dumped -20%

>> No.49706325

What's the RSI for Luna?

>> No.49706374

>>49706275
Assets don't have recessions populations do.

>> No.49706412

>>49705975
Nigga we're in a recession. Normies are scared and don't want to buy your bag

>> No.49706436

>>49706228
>>49706232
>>49706246
>>49706249
>>49706274
>>49706275
>>49706288
>>49706325


^^ These are the retards who will inevitably miss generational wealth next bullrun but not stacking sats during this bear market. God it feels refreshing to know that the general public STILL after THREE bullruns hasn't caught on yet.

>> No.49706439

>>49706374
This. I'm so tired of hearing that retarded "oh crypto never went through recession hurrr" retarded shit. It's just the latest permabear delusion.

>> No.49706517

>>49706436
Unless you are leveraging long why would you care about timing the bottom? Just wait for the bull run to get steam ... crabbing earns you fuck all.

Regardless of long term expectations, BTC is for gamblers now. Hodlers get out.

>> No.49706546

>>49705975
Stupid faggot. There is an incoming recession. No wants bitcoin dumbass.

>> No.49706731
File: 260 KB, 878x878, pepe-with-girls.jpg [View same] [iqdb] [saucenao] [google]
49706731

>>49705975
I just bought. Thanks for financial advice.

>> No.49706746

>>49706731

sauce on this picture

>> No.49706767
File: 229 KB, 878x878, pepe-with-girls-template.jpg [View same] [iqdb] [saucenao] [google]
49706767

>>49706746
This is the original I used

>> No.49706809

>>49705975
rsi? hello? hello? rsi? u still use rsi? why? hello?? why u still use rsi? you still using rsi why is this? are you new? are you new to trading so you use rsi? why? bitcoindashy? why??? why rsi on bitcoindashy? you must be new??

>> No.49706826
File: 204 KB, 660x574, 1638978215927.png [View same] [iqdb] [saucenao] [google]
49706826

>>49706767
Literal pedos.

>> No.49706850
File: 3.40 MB, 430x242, 1623409602340.gif [View same] [iqdb] [saucenao] [google]
49706850

>>49705975
>RSI

>> No.49707037
File: 617 KB, 1200x1200, 163203747774.png [View same] [iqdb] [saucenao] [google]
49707037

Hey guys, bvttfvcker here. WAGMI.

>> No.49707073

>>49705975
Weekly RSI was 24 back when it was 27k.
Monthly RSI was 45 back when it was 27k.
Yet it still dropped 7k in a day. Curious.

I'll just make a bot that automatically buys whenever RSI crosses 30. I'm sure I will end up rich. How did noone else think of this?

>> No.49707099
File: 714 KB, 1440x1610, 20220616_101931.jpg [View same] [iqdb] [saucenao] [google]
49707099

>>49706767
Switch it with three heterosexual men with a little girl and hear the screeeeeching. No Asian please, they look like a burnt trainwhreck.

>> No.49707107

>>49706767

was sure it was from some porn

>> No.49707177
File: 3.34 MB, 640x358, 1642048276401.gif [View same] [iqdb] [saucenao] [google]
49707177

>>49707107
It's from Trannies Training 7.

>> No.49707216

>>49706204
your bot's broken

>> No.49707230

FA>>>>T""""""A"""""""

>> No.49707455

>>49707099

That's muscle and it's hot on older women

>> No.49707519

>>49707216
Chequed and baste

>> No.49707898

>>49707177
Checked lol

>> No.49708104

>>49705975
>$0 worth commodity at $21k
>oversold

>> No.49708150

TA goes out the window when there are massive fundamental factors at play that affect the price. Can your TA predict what the rest of the year looks like for rate hikes and inflation? No? Then you should still be cautious.

This isn't a bad accumulation range though but get real friend

>> No.49708401

>>49705975
1 month RSI is not oversold. it never was below 44 in its whole history and here we are. imagine if it goes below 30, like it will during a macro bear market.
simple strategies like an oversold 1 week RSI will stop working eventually, and my guess is they stop this year.

>> No.49708690

>>49705975
It was overbought for over a decade.
Now it will be "oversold" for a decade.

>> No.49708748

>>49705975
It’s about to be oversold some more bro.

>> No.49709212

>>49708401

> Always worked for decades
> It must NOW stop working because I said so.

Ah, nah.

>> No.49709465

>>49709212
>worked
How does it 'work'? As in, "hey guys, the RSI is oversold, you know what that means, right? It's illegal to sell your bitcoin - you can only buy bitcoin until the RSI says it's overbought and then we switch". RSI works like that?

>> No.49709728

>>49709465

Retard

>> No.49709763

>>49705975
You sound desperate anon, losing much money?

>> No.49710638

>>49706436
what you dont realize is that it can crab and recover then dump again
not saying it will but we aren't going to be flying upwards while everything dumps
not a bobo (as im not selling) just a realist
im expecting a lot of snip snip crab in the market from here on out .

>> No.49713002

>>49706436
I'M OUT OF MONEY
I HAVE NO MORE FUCKING MONEY

>> No.49713980

But look at that dump to 30k.. It never pumped, it crabbed and dumped again

>> No.49714363

>>49705975
I love crypto and the possibilities it brings BIT
1)ETH and BTC are obsolete
2)They have no floor they can go to zero
3)You are new to this.
4)Lines on charts don't work, never did never will
5)If you don't REALLY understand tech then you are just gambling if you buy crypto
6)People into investing in stocks and crypto like me enjoy people like you because you give me your money
7)Thank you for playing goodbye