/biz/ - Business & Finance

>>52300953
My estimate is dump, crab, dump, crab through 2025. Bottom 2Q2026.

>>52300953

That is a fairly safe prediction.

What it doesn't account for is when microstrategy gets liquidated along with tether and other bs players.

The fun starts when that happens.

>tether will never be liquidated
>tether fud

Explain to me how tether/bitfinex is any different to FTX/alameda, supposedly too big to fall.

Tether is doing the exact same thing by minting tether to loan to bitfinex for collatorised loans to buy btc and perhaps other coins and trade futures and refuses to release/be independently audited.

The sooner CZ goes after tether/bitfinex the better. Cut out the cancer in crypto and start afresh.

>>52300953
Why would it dump that far?

>>52301024
Apparently they hold us bonds in the equivalent of usdt mc. If bonds don't crash further. All cool for tether

>>52301064
Lol, the bond market is a ticking timebomb

>>52300953
>Your welcome biz
Trash trader. Post p&l

>>52301059
The price of BTC is significantly held up by leverage collateralized through fake coins.
Additionally, a big spike down would cause a lot of inefficient selling.

eh is this the berylbit dev

>>52300953
>it'll be a point for point redo of 2018 because dude trust me

>>52301145
Fake coins as in tether?

>>52301024
Dont look to trade swing longs until it claims that previous high, otherwise its still downtrending

>>52301024
Bro theyve been saying tether is going down since the previous bull run. wether it happens soon is anyones guess. Its so unpredictable that its not worth even considering.

>>52301059
No reason for the trend to end until it changes market structure. Unironically the trend is your friend until the end, ie dont bet against the trend for long term plays

>>52301181
i would usually say the same but after seeing major dumps after something catastrophic happens is making me believe op.
the third biggest exchange for crypto is insolvent (ftx if you arent following crypto happenings)

>>52301024
Tether truthers are midwits who have been wrong for half a decade. No Tether truther ever told you about LUNA before it happened, or 3AC, or FTX. The company is air tight.

>>52301145
I trade only TA, I dont try to guess what others are doing

>>52300953
Ill explain this channel. If you look the mid point is extremely well respected and Im sure hardly anyone is looking at this. The yellow line is connecting the partial rises, which is how I got on the recent drop. It also came into another area of resistance on top.

Partial rises show weakness, and hence weve had two of them from the top of this channel meaning you would favour a move back to the mid point until bulls can get more strength.

When it flips the top of channel on crazy high bull volume, fucking long BTC. Itll be about a year long downtrend broken.

Like i said screenshot

>>52301445
the bottom of the channel is -10000.. remember when oil was negative.. do I have to pay someone to take my bitcoin at that point?

>>52301514
If I give you an address will you send them. I hold your bags for free

Op, your call is definately plausible. I tend to weigh the macro situation more though. Powell said he will raise rates til something breaks. When that happens, all assets will crater. He will then print more money and assets will flip to the upside. It's going to be frantic monetary debasement for the next 8 years or so.

>>52300953

The only reason this shit even dumped is because of a Black Swan did you TA predict that? Right now BTC would probably be near $22k if the FTX BS didn't happen.

>>52301016
What about 2024’s halving?

>>52301514
Thats why i said the mid point retard

>>52301514
Its even in the picture for double retards

>>52301581
Why would I bet against the BTC cycle history? Also I only trade what the charts tell me. 10k is a steal if it gets there and you should just load your bags and hold.

>>52301637
Lmao definitely not bro. There was major resistance around 21.2k and 21.6k. Factor in the diminishing bull volume throughout the recent rise upwards also means the move up is weak. Only if we flipped 21.6k region with ncreasing bull volume would we be at 22k rn. Bearish sentiment around traditional markets and ES. You havent a clue lad

>>52301325
>Thinks 5 years is a long time
>Says tether truthers because some kike said it to him and he thinks it's clever
>Thinks no one warned about the Ponzi's he mentioned because he was insulated from all caution in his crypto twitter hug box
Go back.

>>52301637
This makes me wonder if the major players actually make all their trading decisions based off TA in reverse
>See chart holding particular price in a descending wedge
>Gee a massive red dildo right about now would keep the downtrend continuing wouldn't want the trend to break and accidentally kick off a premature bull run!
>Market sell 50000 BTC
>Let market do the rest

>>52302171
>wedge
meant channel

>>52302171
Theyre called market makers and they dictate direction

>>52300953
based, I bought today, but I do want to buy more when it goes lower

>>52301514
>>52301016
Denm this shit it sounds like some pice of shit go get your ass some juicy shit, Watch out for GSD which is unlike fiat created by the government instead, gold bullion will always preserve its buying power.

>>52300953
Do you have a tg? I’d love to get advice from you

>>52302205
Then that would mean TA is a self fulfilling prophecy and all the happenings and black/white swan events happen because of the charts instead of the other way round? So everything is irrelevant and already priced in? Is this for real or am I hallucinating shit up?

>>52302144
Wtf anon BTW BTC is crashing like some rekt dick faggot, but i see the decrease as an opportunity to increase my purchases when I saw it. Just wish GSD had released their token, I thought. I want my portfolio to contain a big.

>>52302264
yes
if you look long enough at the charts you will see that events happen because of the chart, not the other way around. you can see whales positioning themselves, you can see accumulation vs distribution. i've not acquired this skill.

>>52302418
I am not big brained enough to do all this TA stuff at the moment but I will continue to DCA what looks like a bottoming range.

>>52301024
Tether will never be liquidated.

>>52302171
Lol you sound horrible anon but looking at the future it might get to it ATH, but am not gonna be a lazy dick fags will just get my ass spank, as one cheap way of making money right now is, buy GSD on launch and hodl.

>>52302479
yea, that's how I do things too. everyone's got their edge and advantage whether it's scalping, swinging, aping or ironhanding.
it's probably a made up story but there was a guy on twitter who said he worked as a trader. The two best traders were 1) guy who exclusively traded the news 2) guy who ignored the news and was pure TA.
probably made up but you do whatever works.

>>52302264
wrong it means they have some influence on the direction. Thousands of people doing all types of different TA so how can it be a self fulfilling prophecy you spacker

>>52302542
News influences trader psychology and thus price action which can be summed up by TA. TA finds areas of support and resistance where buying volume is. Keep TA simple and youll make money.

>>52301637
Stop sounding like some rekt shit go get useful and be useful faggot, but GSD, got some exciting times ahead of DAOs. Decentralized DAOs will finally emerge, made possible by Zk-Rollups.

>>52302260
Sell resistance, buy support. Literally that simple. Traders seem to not understand this and buy into resistance and sell into support wondering and then wonder why they got rekt

>>52302619
Isn't that just buy high sell low

>>52302618
Wow this spambot almost sounds like a real person

>>52302630
other way around bud, just proved my point

>>52301145
Selling BTC won't make you anon get some juicy shit and hold,I see the bearish season coming in with some juicy pussy that's why I keep adding more GSD ETH XRP UTK it will bring us more joy in the future anon

>>52300953
same but my price range is 1k-5k

>>52302679
Sell low buy high?

>>52302849
yep

>>52302706
Low effort spam

Everything hinges on the Fed. The drop we are seeing right now is due to the shitcoin bullshit

>>52302849
Fuck how did I get that wrong again, I'm out

>>52301024
You don't understand. USDT is BNB's friend

>>52301637
TA and trends are set in stone - the news and narratives just form around what was going to happen anway

>>52300953
Bottom comes first, then reversal
So it'll be more like the bottom is happening now or this month, and then we crab until early next year

>>52303353

As opposed to BUSD taking the lion's share?

>>52300953
I think it'll go to $6k

>>52300953
I was saying 10k all along, but with this, I'm changing that to 5k. This is apocalyptic.

>>52304028
>>52304112

why?

>>52301016
Dumb and wrong

>>52302227
Based. I have been buying at every significant drop likewise for some alts: ETH, MATIC ,ATOM Micro caps: PHA, RAIL and MDX. I really think we are heading for the bottom now

>>52302479
I simply DCA as well, TA could be complicated. I just DMOR and load my bag. My recent buys are OCEAN, DIA, RAIL and AGIX. TA is not 100% foolproof because the crypto market is highly volatile

>>52300953
lmaoing at this bulltard
BTC and crypto in general will never go up again, not even 1%
FUCKING ZERO

>>52306548
Buy signal

>>52300953
LOL
won't happen till april/may but the chart looks the same

>>52300953
we see >40k in 2024

>>52307803
>2021
>bitcoin to $1 million OOOOOOOOOO
>2022
>40k in 2024!

post short, retard

>>52307829
i never have said btc will go to million in any timeframe.
my prediction for 2021 were btc 75k, i was wrong but more right than 90% of people.
i sold my btc 3/13/2021 mm/dd/yyyy as i tought it was the top for btc.
bought cro with all of btc money.

>>52307844
nobody has a short here. beside gamblers and degens looking for liquidation

>>52307918
>bought cro with all of btc money.
the next shitcoin thats about to get assblasted by cz

>>52303835
This guy kinda gets it

>>52308900
I sold all cro at $0.9 for usdc

>>52307923
Well 95% of traders are long here haha. But it doesn’t matter cause the market makers are short here. It’s actually a great short if you can get a back test, the trend is down, why bet against it? There is absolutely no reason to long until market structure changes. You tards lose money betting against the trend.

It’s just broken a key support area that had several touches, plus the huge spike in bear volume, plus bearish market structure, the whole context is screaming down.

The only consolation is that the move down that started at 80k is on decreasing bear volume meaning the continued move downwards is getting weaker and weaker.

>>52309301
>weaker and weaker
yes, which is expressed through alts randomly going for 10x against sats.

>>52301024
>exact same thing
Yeah except they are doing it with a 1:1 backed digital dollar and not a vaporware printed-as-needed non-backed worthless shitcoin

>>52302171
This does happen regularly and „black swans“ are all orchestrated except for mt. Gox
>t. Insider
>t. insider

>>52309578
>>52309655
go home namefag

>>52301637
>Black Swan did you TA predict that?
Any huge decline will create a "Black Swan." That's not what a "Black Swan" is. Niggas get liquidated in every industry in every business cycle. Then it spreads. That's because niggas is greedy and want to leverage they gains.

Covid was a "Black Swan". FTX is just business. Will MicroStrategy be a "Black Swan" too?

>>52309945
It wont matter in the long run. btc is going to keep halving, miners are going to keep mining and shitcoiners are going to get rekked. Nothing ever happens

>>52309461
Yeh that’s what happens when BTC is rangebound. Think about it.

>>52310252
I dont think about anything a person that is too much of a freak to say nigger and has to uses the cuck version of the word. Your opinion is worthless NIGGER

>>52309945
Black swan event obviously occur once in a blue moon. But TA works off zones of support and resistance where most traders have put limit orders in place providing liquidity to the market. This means these levels still offer some reaction even to a black swan. It’s just if there’s enough momentum to push it through a level then it will and find the next level of support or resistance. TA just works and anyone disputing the fact has either got their info second hand or is utterly retarded beyond comprehension.

Tether - imploding since 2017

>>52310339
You don’t have a fucking clue. Muh BTC gets weaker so Alts go bananas!! That’s not how it works. Watch how Alts perform when BTC truly shits the bed in the coming weeks. Just go look at a fucking comparison chart and see for yourself. Holy fuck how did biz get this dumb

>>52310382
You already disqualified yourself, no need to use exclamation marks or all caps. Just beat it. Nothing ever happens

People are still convinced this is the bottom and will try to bet against the trend.

Do the opposite of what everyone else is doing and you win.

Are we close to a bottom? Sure we might nearly be there now

Is there any reason to long here?
Absolutely nothing at all

Can price suddenly start up trending?
Yes 100% that’s why we use risk management

Should I short here?
No you missed the entry, try get into a short on a retest where people who were wrong are looking to get out break even

This is probably the best advice you’ll hear on biz right now

>>52310432
All caps? BTC? Stfu you dumb faggot.

Post position retard, and take your twitter structured shitposts back to where they came from, twitter

>>52310496
but the number of people who think this is the bottom is a minority
most people think we'll keep crashing?

Controversial but i've gut feeling 12-16K with reversal covid style

>>52310519
You think I’m that fucking insecure that I need to appease your saltiness?

You don’t know what you’re talking about you utter mongaloid. You just got corrected and you can’t take any criticism cause of your fragile baby ego.

>>52310579
Most traders lose. Like mentioned above 95% of traders lose money. We are continuing down meaning the majority think we’ve bottomed after that last 3 month range. They’re all trapped now.

>>52310579
Remember that people have an ego when it comes to trading. They think they can catch the exact top and the exact bottom and yet they never do. Market makers know this so they keep the trend going. Everyone is trying to bet against the trend and continue to lose.

>>52310657
there's upto around a 40% loss from here.
but that's all the downside.
the lower we go the higher return.
every subsequent buy they make right now is priced better and offsets earlier purchases.
everyone was bullish until the FTX news and now we've got alot of bears.
so you should still be bullish here, unless Jim Cramer comes out and says to buy crypto.

>>52310657
This time traders are right. Everyone is shorting to $10k

>>52310730
You should not be bullish here. I’d love you to explain why though?

>>52310616
post position you sperg.
All in dollarinos waiting for the dip?

>>52310730
Everyone was bullish exactly. But even before FTx happened there was no reason to be bullish. BTC was rangebound yes so you might get some little short term moves upwards that you can scalp, but to go swing long are you fucking mad?

>>52300953
is that feb 10 or oct 2? lol

>>52310743
Wrong. Holders are technically traders and they continue to dollar cost average. 95% of traders lose money. It will always be the case.

>>52300953
richard heart was right.

>>52310743
Look at any finance board like biz or WSB. The vast majority lose and that’s just the losers who have the balls to show their loses. There’s the odd few who show their winnings or that they’ve made it. Things will never change otherwise everyone would be doing it.

>>52300953
We have a lot more crabbing to do before touching grass.

>>52301325
>if you say the truth for 5 years without vindication, it means you are wrong
normalfag

>>52310904
Twitter is the traders town square and everyone is shorting. This time is different, majority of traders are right.

>>52310775
>You should not be bullish here. I’d love you to explain why though?
if you want to ride the bull run, you've got 2 options.
delay purchases and try to swing and time it perfect.
or make purchases now, understand that it'll probably be a 20% loss for the next 9 months, but you're extending the period of time you have to DCA, which is more useful for us little guys, if you want to reallocate funds from your traditional brokerage, or just use normal income from a job.
yes, it's less 'efficient', but you will have a higher rate of success.

>>52311001
This time is different ! KEK

To quote Sir John Templeton, “The four most dangerous words in investing are: this time it's different

You can lead a horse to water

>>52311093
Only a handful of people will time the bottom.

It’s pure ego thinking you’ll get the bottom. Why not trade the bottom when there’s confirmation of a bottom?

Exactly proving my point above. Holders are dollar cost averaging meaning you shouldn’t be long here.

Are you guys okay in the head?

>>52311168
>Only a handful of people will time the bottom.
yea, if you can't time it, then you just buy.
>It’s pure ego thinking you’ll get the bottom. Why not trade the bottom when there’s confirmation of a bottom?
and who is going to provide that confirmation?
>Exactly proving my point above. Holders are dollar cost averaging meaning you shouldn’t be long here.
if they're not DCA-ing right now, they're DCA-ing while it goes up later, but again, that substantially reduces the amount of capital they'll have to put up for the trade.
the longer they're in the market, the more capital they'll commit, the more money they'll make.
>Are you guys okay in the head?
reddit formatted post, you're the one that came here for advice, not me.

>>52310836
>>52310904
if hodlers count as traders there is no way you get to a 95% value
btc would have to crash very hard to make me lose money

>Still hasnt posted his position
Why do twitter nigger come here anyway?
dca into btc and eth and shut the fuck up. Nobody listens to you screechers

>>52311544
You mistake me for saying dca is a bad strategy, I’m not saying that. It’s a good strategy for people who just want to get in lower without much thought.

What I’m saying is that we are gonna continue down and that your argument about people dcaing continues to prove my point that you should not be long here. Dca sure, but swing trading a long here you’d have to nuts.

I came here for your reasoning, not for advice. Which you still haven’t been able to properly explain, in fact you’ve only proven me correct without realising it.

If you are DCA on the way down, you are a loser! You are losing money! You are part of the 95%. It’s literally that simple.

>>52300953
Honestly, it should dump to March 2020 levels. It won't, but still...

>>52311615
>>52311865
You still don’t get it. It’s no fucking wonder I still see So many people here wondering why their entire portfolio is down

>>52310913
With how long it'd take to touch that line, it's going to be almost 2050 before anything happens.

>>52300953
Saved. We'll see fgt.

>>52311865
>You mistake me for saying dca is a bad strategy, I’m not saying that. It’s a good strategy for people who just want to get in lower without much thought.
>What I’m saying is that we are gonna continue down and that your argument about people dcaing continues to prove my point that you should not be long here. Dca sure, but swing trading a long here you’d have to nuts.
let me frame it a way that would be persuasive to a redditor.
warren buffet used to say something like 'buy a shitty used car as a car and a Cadillac as a house'.
terrible investment advice, however mortgage is forced 'savings' (in the home equity), which leads to a higher long term net worth.
the same goes for buying right now, better to buy on the down turn, knowing every trade you make was better then the last, instead of FOMO-ing on the upturn.
it also leads to a longer time in the market, and therefore, more capital will be committed to the trade, which means a larger net worth in the long run.
(as long as the market doesn't disappear which if you take a position that "it's just not the right time to buy" means you expect it to re-appreciate anyways, so that's a moot caveat).
>I came here for your reasoning, not for advice. Which you still haven’t been able to properly explain, in fact you’ve only proven me correct without realising it.
no, I haven't proven you correct, but you have proven your arrogance.
>If you are DCA on the way down, you are a loser! You are losing money! You are part of the 95%. It’s literally that simple.
you are losing money, but in the short term.
you can definitely expect a much higher outperformance then deterioration of the market.
again, maybe it's like 20% down from here, maybe even the worst case around 40%.
but your upside also increases with every leg down.
it's illogical not to buy.

>>52311865
>>52311897
you said hodlers are traders and are part of the 95% that lose money
does losing money mean below my usd buying or failing to time every local bottom or top
if tis the first then good locuk getting hodlers to lose money, if its the latter you are a total moron

as to your second ple.bit spaced post
so its better to dca into a rising market than a lowering market lol, no dca since the june capitulation was the proper way
it matters nothing that i lose paper valuations if i dont sell, something tells me you are either a fresh of the boat investor or very low iq

>>52312271
it's really hard to 'get through' to redditards.
you read /biz/ and you get the most up to date feel & consensus of the market.
but because he doesn't know how to communicate, or frequent the board enough, whenever they come to the table to talk, they're operating off out of date information.
market consensus was "this is the bottom" until FTX news.
now market consensus is "this is really not the bottom", and he ironically thinks he's ahead of the market, while he's trailing.
even more ironically, he could outperform if he just bought right now, but because he's a market lagger, he'll probably wait until he thinks he's "timed it", and will constantly be second guessing his buys thinking he's priced out.
but, you know, I can live with him staying poor, in fact I kind of take a little joy in his self induced misfortune.

How about you twitter tards move and never return? Nobody takes your retardation serious. Dont forget to buy every token shilled by your favorite Fluencers

>>52312497
>but, you know, I can live with him staying poor, in fact I kind of take a little joy in his self induced misfortune.
of course fren i am not replying anticipating anon to change his mind i am almost always replying to the lurkers that might be educated and generally make up the majority of any given thread
ever since the market tipped over at the start of this year there has been this influx of reddittards claiming you are not a real investirino if your portfolio usd valuation goes down even 1w on the weekly, non you cant be a hecking value investirino with a long term time frame, it pisses me off desu

i honestly dont know whats going to happen, few non insiders can predict black swans like this so i fly by my indicators and they all said start the dca cycle in june, i can handle a lot of downturn before i ever go in the real negatives
i find retard anons view that if you dca and hold but not sell as losing money quite wrong really thats not how investing works
but considering he even asked for our reasoning shows just how poor and dumb these people all are that they dont even have an account with one of the analytics that showed you actually and unambiguously why it was time to dca in june

>>52312089
Let me hit you with another turn of phrase. The market can be irrational longer than you can stay solvent.

>>52311093
Re-read this you fucking mong. Im explaining why you should not be bullish here, yet you fail to understand how what you're preaching indicates you should not be bullish here.

You don't get get it. DCAing on the way down isn't bullish. I dont understand how you cant see that and to then call me arrogant.

DCA whatever Idgaf, but you cannot confirm your bias with this logic, it makes no sense.

>>52312497
>but because he doesn't know how to communicate, or frequent the board enough
also to be fair as a newfag this inst simple with the jeets, shills and trolls not to mention the seething no coiners trying to rekt you
i took me a year to properly read /biz/, thankfully i was a totally passive monthly dca'er at the time and didnt fuck myself in the process

>>52312089
>you are losing money, but in the short term.
muh its different this time
>maybe it's like 20% down from here, maybe even the worst case around 40%.
You have no clue, we could just as easily drop 90% here. Remember BTC has NEVER been through a recession.
>but your upside also increases with every leg down
still doesn't mean you should be long here
>it's illogical not to buy.
thats the most retarded thing ive ever heard in my life

>>52312271
You cannot look at the bigger picture. Do you have any idea how many bots, and traders are in these markets, as well as where their entries are? Theres fuck loads of people who bought 80k top!! Like literally the majority of traders bought the top, which is why you have the majority of volume in candles! How do you not get this???????

>>52312497
Dude, you are literally an idiot that either choses not to realise it or is too much of a brainlet to realise you have no idea what youre saying and using 'twitter consensus' for your bias

>>52312752
>The market can be irrational longer than you can stay solvent
are you extremely low iq
if i buy spot and hodl in my own cold storage wallet i can remain solvent forever, are you just repeating words others used to make fun of you back without even understanding the basic concepts that they represent

>>52312876
again extreme low iq take

>>52312828
>muh its different this time
>You have no clue, we could just as easily drop 90% here. Remember BTC has NEVER been through a recession.
are you unironically communicating, "no, really, it's different this time"?
I can't tell if you're trying to make fun of me, and say I'm taking that position, and then so retarded, you're actually simultaneously taking that position.

>>52312970
It's honestly hopeless reasoning with you. The markets going down wether you like it or not. Whatever has happened in this chat inbetween that message and now is irrelevant.

Im not arguing about DCA but you're legit military grade turbo autist to understand that. Arguing that DCAing is a reason to go long here is too funny

>again extreme low iq take
I realised I have to eli5 to you, so its a little dumbed down for you

>>52312752
>Let me hit you with another turn of phrase. The market can be irrational longer than you can stay solvent.
let me hit you with another, "when everyone's talking about it, it's time to sell", e.g. trade contrarian to consensus.
fearing further market deterioration would be trading on consensus, which is retarded.
>You don't get get it. DCAing on the way down isn't bullish. I dont understand how you cant see that and to then call me arrogant.
I've already explained it, now this is the third time.
you can try to better time your DCA, but if you try to time it better, you'll buy poorly because you'll FOMO on the ride up, instead of consistently making under market bids, which continuously get better every single day, while the market is underperforming.
for the last time, DCA on the downturn, you'll sink more money into the trade, and you'll be better off in the long term.

>>52312712
you are based.
keep doing what you're doing.
ygmi anon.

>>52313074
>you are losing money, but in the short term
the irony is lost on you
>>52311001

You dont realise what youre arguing about with me. Im telling you that there is no reason to go long here. Absolutely no signal or confirmation or price action structure to indicate going long here. Nothing, literally nothing.

Can it go up from here? sure. But its highly unlikely.

You're telling me that your logic for being bullish is cause you are DCAing down and bringing your entry down which you think is reason to believe the market is bullish. Yet you dont realise you are in a losing trade until your entry is breached. THIS DOES NOT MEAN THE MARKET IS BULLISH YOU FUCKING CRETIN!

Thanks anon. Any other advice?

>>52313214
l>et me hit you with another, "when everyone's talking about it, it's time to sell", e.g. trade contrarian to consensus.
fearing further market deterioration would be trading on consensus, which is retarded.

yeh good luck with that

>I've already explained it, now this is the third time.

Still doesnt make sense

>>52313339
>you are losing money, but in the short term
>the irony is lost on you
this is about the last good faith argument post I can muster for you.
give me your price target and a date.
I'll go first, $120k BTC ATH ~9/2024.

>>52313371
>Still doesnt make sense
of course it doesn't make sense to you.
you're the in the "muh institutional investors, recession, it's different this time" party.

>>52313214
For starters this is digressing from what im saying but you cannot know for certain that prices will reach ATH again. Thats not to say I dont think price wont go back up.

What you're saying is based on hopium that the BTC will recover. Which means it cant be bullish! But again DCAing wasnt what i was talking about for like the the 5th time

>>52313456
Again pure hopium. Im not fucking arguing about where BTC will be years from now you fucking utter bellend. Im saying that BTC is bearish and will be until it proves otherwise. See you at 11k you bunch of faggots

>>52313339
When did I ever say I was DCA’ing or longing? I said most traders are bearish AND btc is dumping so traders are right this time. I don’t give a FUCK about “hodlers” I’m talking real traders. They’re all shorting; they’re all WINNING!

>>52311168
>Are you guys okay in the head?
is everyone on this board a smarmy zoomer faggot who lives to 'win' fake gay arguments on the internet? what an insufferable retard

>>52313561
>See you at 11k you bunch of faggots
no reason to get assblasted.
all I'm asking is for you to name a date for your price target.
you might not be interested in BTC price action over the next 24 months, I am.
but that's fine, if you think we'll hit 11k, when do you think you'll get there?
if you can't put a date to your price target, you have no place in this discussion, nor any investment discussion.

>>52313505
>of course it doesn't make sense to you.

no buddy it just doesnt make sense what you say. Its illogical. You keep buying as it goes down. Doesnt mean its bullish. You might be bullish on BTC for whatever reason, which is why you're DCAing. Still bearish though wether you choose to believe it or not. BTC CAN drop another 90% here, not likely but possible.

Again, im basing my argument on stats, probabilities, TA and market context. You on the other hand, HOPIUM YOU DUMB FAGGOT

>>52313625
I was replying to that other faggot, through your post. Theyre not all winning, you just see the ones that are and think its everyone.

>>52313717
>im basing my argument on stats, probabilities, TA and market context.
I've never spoken to a TA evangelist that can't name a date for their price target.
well, before you of course.

>>52313634
Try to explain why you are all wrong and you just all verify the notion that the vast majority of traders a fucking dumb faggots. Using twitter as your sample to confirm your illogical bias.

Its no wonder TA is still a gold mine cause you all clearly cant break out from the crowd and trade alongside the market makers.

The truth is ugly for those apposed to it. Ive given you whats going to go down over the next few days. If youre that opposed to my arguement then FUCKING BET THE HOUSE AGAINST ME!

>>52313660
again, im not arguing about hopium prices. The market is bearish. my rough target is 11k as next area of support like in OPs pic above. Why would i give a time lmao??? There is nothing else to see here. You dont understand why youre wrong, thats all there is to it, yet you refuse to understand this. Maybe youre just a master troll idk

>>52313157
>eli5
Redditor confirmed

>>52313717
> TLDR: im LE RIGHT and youre LE WRONG. i win again!!!
loser

>>52313157
for starters i think you are so fresh of the ple.bit boat you dont realize how id's work here as you seem to confuse anons with each other
>The markets going down wether you like it or not
i dont care, down from here is actually preferable as i dont give a single fuck about my usd valution in the short term and lower prices means more corns to accumulate
do you even have a basic grasp of the topic we are discussing or are you making the mistake that everyone is an emotional trader like yourself that recoils at minor valuation downs

>>52313339
>Absolutely no signal or confirmation or price action structure to indicate going long here. Nothing, literally nothing
plenty of signals that arent twitter or institutional black swan fears just that you dont know any of them doesnt mean so
the rest of your post truly doesnt mean anything, we buy here to frontrun the market and get bigger corns stacks regardless of short term usd valuation so we make bigger gains later on, really this concept has been said several times now and you fail to grasp this most basic fact
you really seem to fail to grasp time frames and subsequently how good entries can be done from those
like the other anon said i give up on good faith posts after this one and i wish you the very best of luck anon on your quest to time the micro bottom i am sure you will find good fortune on your road

>>52313773
TA isnt specifically about timing the market, although you can use Fib time to identify entries and when downtrending is likely finished which is actually surprisingly accurate.

TA is used to find zones of high levels of support and resistance. Where price is likely to arrive at. Its more likely we hit 11k before 22k. Again market context is important.

And the context is bearish like ive said time and time again. If BTC gets to 11k, then its strong support so I will take a scalp long. EVEN THEN AT 11K it still wont be bullish! and thats what you're not getting.

But keep DCAing and thinking the market is bullish, idgaf.

Its not about timing an exact date as well you retard. Good traders look for zones to enter, doesnt matter what day you enter.

Again your 120k on specific day is futile and frankly embarrassing, also filled with hopium

>>52313940
>my statistics & TA says it will go to 11k!
>no, I can't say when it would go there, because then I might be wrong
>erhm, I mean, you just wouldn't understand, OK?
stinks of butthurt no-coiner.

>>52313972
Good argument you fucking spackoid

>>52314121
>Its not about timing an exact date as well you retard
I throw up a BTC ATH on September 2024.
you offer, "it will go to 11k... at some point in the future"
stop being such a pussy and just say, I expect us to hit my price target of 11k in 1 month from now, or whatever, or shutup and fuck off.
you know btc isn't bearish in perpetuity.
whatever bearish media you're consuming will clearly tell you when they expect to hit it.
if they don't, it's laughable you'd listen to them.
but what do I expect from a redditor.

>>52314053
>for starters i think you are so fresh of the ple.bit boat you dont realize how id's work here as you seem to confuse anons with each other
All the anons above are just as retarded as each other.

Also 2014 old fag here.

>we buy here to frontrun the market
explain how you're front running as the market continues to implode? XD

>time frames and subsequently how good entries
Says the guy DCAing. This is the prime example of not knowing how to time the market, which is why DCAing is recommended for newfags. Would like to hear how you think otherwise?

>>52314294
>Also 2014 old fag here
post tx on wallet or be branded a larping loser from this point on, that is all i have left to say

>>52314244
>I expect us to hit my price target of 11k in 1 month from now, or whatever, or shutup and fuck off

You can see the orders and the volume in the book and the session profiles. Hence you can see where the orders are.

You can see what date them orders will be processed, meaning you can only use fibonacci time to give a rough time to enter. Ive said BTC will hit 11k in the very near future.

Good luck with youre crazy hokum ATH result years from now with absolutely no reasoning but pure guess work and hopium

I trade with an approach to minimise risk and not based on where i want the market to go, which is something you are doing right now but cant see it. the problem is you know im right but youre too proud to admit it. Shame really

>>52314121
>you can use Fib time to identify entries and when downtrending is likely finished

Haha what has fibonacci to do with how popular an asset is you fucking stupid moonbaboon

>>52314366
you're not getting my deets you creepy faggot

>>52314439
The entrie market trades off Fib. Most bots that make up the majority of traders are coded to trade off fibs. Thinking fib has no relevance to trading is legit turbotardmode

>>52311873
why not? ftx going down, maybe tether or cryptocom will follow and QT for the next 3 months, it's possible

>>52314501
If you plot the dicksize against bedpartners you'll also find fibonacci. You find it everywhere even in your big ass.
Fib is god
God is fibo

Penetration succeeded

>>52314428
jesus, you say you're looking at orders, TA, statistics, blah blah blah and still won't even say what the 'very near future' even translates to.
>the problem is you know im right but youre too proud to admit it.
you're only 'correct' in the sense that you're prediction is so ambiguous, that you can't be wrong unless the market has absolutely no further down turn, which no one is saying.

>>52314621
Get back to your DCAing faggot.

Ill just be sat here watching the arse fall out of BTC as the trapped longs get buttfucked yet again without any opportunity to get out break even lmao

>>52314634
>you're only 'correct' in the sense that you're prediction is so ambiguous, that you can't be wrong unless the market has absolutely no further down turn, which no one is saying.

Youre such a fucking rat its unbelievable. You deliberately chose not to read what im saying. Does very near future to you mean a year from now faggot? I dont need to select an exact date for the reasons i mention above.

I wait for 11k to be hit then enter if the momentum for the bears slows down towards the level of interest. Only once i see a reaction will i enter. Looking at the charts BTC could be at 11k by the end of this week.

Can you tell me how you got your crazy 120k number at sept 24?? Please tell me, i need a good old lol

Sold in June and felt like a retard after, feeling slightly less retarded

>>52314661
Hal told you the way in 2011 anon. All you had to do was listen. You could have made it. DCA is the way. It was all so easy in the end.

>>52314751
>I dont need to select an exact date for the reasons i mention above.
what is so fucking complicated?
no, you don't need it down to the day.
ballpark it to whatever you feel confident enough to trade off.
if you think BTC is headed to 11k, when? 1 month from now? how about 2 months? less then a month?
that's all you have to say and yet it's so difficult for you to commit to an actual timeline for BTC's underperformance.
>Looking at the charts BTC could be at 11k by the end of this week.
Finally, thank you.
was that really so fucking difficult?
now be honest, did you even think of that until I had to force you to pull it out of your ass?
I can also tell you, you're absolutely wrong, we won't be hitting $11k THIS WEEK.
we might hit $14k in 4-8 weeks dependent on how FTX progresses (buyout falling through).
>Can you tell me how you got your crazy 120k number at sept 24?? Please tell me, i need a good old lol
BTC hits lower multiples of ATH each bullrun, last was only a 3x, then next cycle will only be a 2x ATH.
it's a 2 year out prediction so obviously it's more fluid and loose then "11k by the end of the week".

>>52315094
>no, you don't need it down to the day.
No, I dont need to do it to any fucking day. When it arrives at 11k, which it will soon I will look to buy support. Aka known as an area where their is alot of interest that can be seen and means entering on confirmation of a level.

>Finally, thank you.
didnt imply specifically a week from now, more that BTC is currently falling out its arse, more jokey kinda response for you but either way its heading towards 11k

>BTC hits lower multiples of ATH each bullrun, last was only a 3x, then next cycle will only be a 2x ATH.

so pure gambling based on hopium nonsense. The amount of fucking predictions like this the last 2 bull runs has been fucking hilarious and literally no one has been correct. If it gets to 120k by sept 24 you can be write in assuming BTC is bullish XD.

>it's a 2 year out prediction so obviously it's more fluid and loose then "11k by the end of the week".

So i give you a solid prediction/estimate of price likely heading towards 11k very soon, (like OPs prediction), and you think its less likely than your fucking bulltard bonanza prediction of the decade to a specific month based on nothing ? LMAO bro youre braindead.

>>52300953
This is what i called without all of those fancy lines.

>>52315286
>inb4 misspelt right

>>52300953

>>52301325
"truther" is a word created by glownigger faggots

Holy fucking shit the absolute cope iit HAHAHAHHA
LOL
LMAO EVEN

>>52300953

my prediction exactly.
Will start accumulating again next week.

>>52315286
>When it arrives at 11k, which it will soon I will look to buy support.
if you don't have your buy order placed, you're not going to buy it at $11k, you're gonna start saying it'll go to $1k because there's new bearish indicators.
leaning towards you're just a butthurt nocoiner.
>didnt imply specifically a week from now
^is completely at odds with:
>Looking at the charts BTC could be at 11k by the end of this week.
stop being a pussy and post your trade.
>bulltard bonanza prediction of the decade to a specific month based on nothing
if you've been here since 2014, as you were larping, you'd understand the cyclical nature of the market, largely hinging on btc halving schedule, and a declining ATH multiple between cycles.
it's not the prediction of the decade, it's quite conservative and loose.
and despite it's simplicity, is infinitely more wise then "$11k EoW".

>>52315286
further it's humorous you reference OP, and yes, he makes an ambiguous claim of 11k in the "near future",
however he at least has the balls to ballpark a date with his price target (something you struggle with greatly).
>>52300953
>This will flip into support around the 10/02/23

>>52300953
All depends on exchanges becoming insolvent and SEC regulations. This is a plausible scenario.

>>52302171
of course they do this idiot, this is widely known, called 'painting the charts' around here

>>52301637
Show me the chart and I will tell you the news.

Insider whales can lie to you, but the chart does not lie when they position themselves before a big play

>>52315094
>BTC hits lower multiples of ATH each bullrun, last was only a 3x, then next cycle will only be a 2x ATH
this is also a dangerous assumption to make as everything we know thusfar this entire cycle has been one major scam by the usual subjects
factoring in continued fiat weakness it would not be prudent to draw these linear progression conclusion
we will have to see what the chain and the charts say during the next run up

>>52315644
>if you don't have your buy order placed, you're not going to buy it at $11k, you're gonna start saying it'll go to $1k because there's new bearish indicators.
leaning towards you're just a butthurt nocoiner.
Yeh preset as BTC is tanking like a fucking retard and watch how youre position gets liquidated as your stop gets hit. Why do you say these things without thinking first? You dont try to catch a falling knife, you wait for you level to be hit, and assess the price action at the level. Retards preset as BTC is tanking. This stuff isnt difficult, yet you fail to grasp it

>^is completely at odds with
no it isnt, just a little joke at the falling asset, read into it how you like. But yeh i never explicitly said BTC will be at 11k next week haha, words in mouth faggot. If you scroll above you will find me saying I wont specify an exact date as its a mugs game. All youll get is that its going to hit 11k very soon. I dont fall for your kike tricks

>stop being a pussy and post your trade.
You wont see my trade, Ive told you exactly what is gonna happen. If you dont agree, bet against me and post your countertrade faggot

>if you've been here since 2014, as you were larping, you'd understand the cyclical nature of the market

Yeh I fully understand the halving cycle. Yet you still have pure hopium it will reach 120k by a specific date, where there has never been price action. I give you a setup based on past volume data, and likely zones for an entry. You give me a random number at random date for absolutely no reason but you think it will be there at that time. Bonkers!

>and despite it's simplicity, is infinitely more wise then "$11k EoW".

Again I never specified an exact date, see above. Yeh 11k is less likely like 120k soon, bro give your head a wobble. My god you have autism of the highest order

I bet you think the crash started because of elon musk and the BTC stunt he pulled. Ive got news for you it wasnt because of him.

>>52316075
This guy 100% gets it. The rest of you dont understand

>>52300953
>>52301024
that is a fairly safe prediction , what it doesn't account for IS FUCKING NUCLEAR WAR.

>>52316301
This is groupthink, extremely dangerous and proves absolutely fuck all, other than your ineptitude to risk management.

>>52316387
Priced in faggot

>>52310496
post portfolio

>>52316387
nukes don't exist

>>52301016
What a retarded take. Kys

>>52316410
did you quote the wrong one there anon, how is seeing how the metrics shake out during next cycle before committing to narratives 'ineptitude to risk management'

>>52316559
More jumping on that back of your greentext

>>52316360
>Yeh preset as BTC is tanking like a fucking retard and watch how youre position gets liquidated as your stop gets hit.
Maybe you could explain how I'm gonna get liquidated placing market limit orders DCA-ing all the way into late 2024.
> You dont try to catch a falling knife, you wait for you level to be hit, and assess the price action at the level.
you will never actually buy btc, perhaps even any coin, because you will always be 're-assessing the price action' and shitting yourself over bearish indicators, instead of placing a purchase order.
>But yeh i never explicitly said BTC will be at 11k next week haha, words in mouth faggot
>Looking at the charts BTC could be at 11k by the end of this week
whatever.
>If you scroll above you will find me saying I wont specify an exact date as I'm a massive pussy and don't have any actual positions.
>You wont see my trade, Ive told you exactly what is gonna happen. If you dont agree, bet against me and post your countertrade faggot
I already have, I'm DCA-ing currently into mid-late 2024.
>I give you a setup based on past volume data, and likely zones for an entry.
no, you haven't. further, you won't even say if you'll actually enter at $11k (you won't).
>You give me a random number at random date for absolutely no reason but you think it will be there at that time. Bonkers!
no, I've justified my logic, it's clear, it's easy to understand, it's empirically supported, and you're butthurt about it.
>I bet you think the crash started because of elon musk and the BTC stunt he pulled. Ive got news for you it wasnt because of him.
Have you seen even 1 person mention musk in this thread?
this comment is more indicative of your overconsumption of half-assed TA and schizophrenic bear conspiracies, with the only value proposition that came out of all your poor research is "btc might go lower soon".

>>52301637
You have it backwards…Black Swans occur to COVER a move in markets, not as the CAUSE of such move.

>>52301024
Yeah Tether is messed up. I think they’re sweating.
Millions will want justice.

>>52317059

>Maybe you could explain how I'm gonna get liquidated placing market limit orders DCA-ing all the way into late 2024.
Firstly there is no such thing as a market limit order. Theres either a market order (removes liquidity from the market) or a limit order (provides liquidity to the market). Each have their own pros and cons.
Again for the hundredth time, Im not talking about DCA. What you are doing is an entry strategy known as averaging down, which is when you are in a position underwater, you purchase again lower to try bring your overall entry closer to the current price.

Why would I set a limit order locked into the book when im anticipating BTC freefalling? Ill tell you a likely scenario if I do that. BTC continues to tank, I have a preset limit at 11k, momentum continues with the bears, wipes everyones trades out who had limits at 11k. When i mean liquidated, I mean your position was stopped out. I use the term liquidated because in the above scenario, it is possible with immense slippage like we have seen in previous drops. BTC will move so fast that you cant even get out of your position in time. You can forget about a stop loss in this situation.

Your risk is that your entry might not be low enough to withstand a 50% flash crash. DCA isnt always as perfect as you make out. Slippage is what you should be worried about. But again, im not talking about DCA.

>you will never actually buy btc, perhaps even any coin, because you will always be 're-assessing the price action' and shitting yourself over bearish indicators, instead of placing a purchase order.

A smart trader waits patiently for an entry. Doesnt matter which way the market goes I make money. You however, rely on BTC hitting your 120k target. See the difference? If 11k holds and we see a reaction on the smaller time frames, I enter a long position and find targets. If it goes through 11k with momentum, I could care less.

>>52317059
>cont

>you will never actually buy btc, perhaps even any coin, because you will always be 're-assessing the price action' and shitting yourself over bearish indicators, instead of placing a purchase order.

However in your scenario, you think its better to just risk it and jump in without seeing if a level holds. This pretty much means you have dont have any risk management and are happy to lose a trade instead of assessing the price action when price comes to your level of interest. Again an awful way of trading.

Id much rather way and save myself a losing trade. You on the other hand buy at the level without seeing a reaction, continue to go underwater as price shits the bed and continue to add money to keep your position from being liquidated.

>I already have, I'm DCA-ing currently into mid-late 2024.
again, not interested. please stop with the DCA horseshit, idgaf

>it's empirically supported,
Massive KEK

>no, you haven't. further, you won't even say if you'll actually enter at $11k (you won't).
Ive already explained this, you look like a fool anyone in this thread can see what im keeping an eye on. I DO NOT HAVE A POSITION, IM WAITING FOR 11K HOW MANY TIMES

>Have you seen even 1 person mention musk in this thread?
this comment is more indicative of your overconsumption of half-assed TA and schizophrenic bear conspiracies, with the only value proposition that came out of all your poor research is "btc might go lower soon".

Keep thinking that as your position consistently sinks further underwater and you desperately try to remain above water.

DCAing downwards is Bullish, LMFAO

>>52317880
>Your risk is that your entry might not be low enough to withstand a 50% flash crash. DCA isnt always as perfect as you make out. Slippage is what you should be worried about. But again, im not talking about DCA.

This is if you hold a long position on margin. If youre just holding btc then this doesnt apply obviously.

>>52318068
>and continue to add money to keep your position from being liquidated
you just keep using words you dont understand

>>52318337
who ever talked about margin in this entire thread?

>>52318337
>price shits the bed and continue to add money to keep your position from being liquidated.

This also. I know you wont be liquidated for a spot position, nevertheless youll still be underwater regardless

>>52318344
Tell me what I dont understand faggot?

>>52318472
>>52318417
you already corrected yourself you idiot, words dont mean whatever meaning you describe to them
being underwater is most definitely not the same as being liquidated

IDK man, it's cheaper than FIRE SALE right now

>>52318068
>Id much rather way and save myself a losing trade. You on the other hand buy at the level without seeing a reaction, continue to go underwater as price shits the bed and continue to add money to keep your position from being liquidated.
If I understand your posts, you are not looking to trade but to find a good entry point. If you tried to trade you would be really humbled, but even just trying to find an entry will be enough to drive home the point. You will not time the bottom. Your entry will go into the red, if you have a stop loss it will be triggered. And you will most likely miss the bottom completely and buy in higher than the current price. BTC has a way of humbling your traditional trading strategies. Btw
> leverage
don't.

>>52318508
I have to explain thing as simply as I can to you brainlets.

The orginal discussion was about the drop to 11k which both you fuckwits didnt understand and started going off about DCA and how DCAing was somehow bullish for BTC.

I then had to explain how a fucking limit and market order work cause this brainlet doesn't understand it and continues to think his startegy is fool proof as his spot continues to be underwater. I know he cant be liquidated in spot. my god.

But just buying randomly cause 'muh i fear not to be in the market right now' is just retarded logic, just like his argument for DCA into BTC is bullish.

>>52317880
>Firstly there is no such thing as a market limit order.
intent was "Maybe you could explain how I'm gonna get liquidated placing *below* market limit orders DCA-ing all the way into late 2024."
it's a minor typo, but of course give me a 5 page lecture.
>What you are doing is an entry strategy known as averaging down, which is when you are in a position underwater, you purchase again lower to try bring your overall entry closer to the current price.
you can't help yourself but to make everything complicated.
it's a long window, I know every purchase will be profitable, realistically, 18 months out. I care not, whether it goes up or down, until at least 18 months have passed.
>Why would I set a limit order locked into the book when im anticipating BTC freefalling?
so which one is it?
is BTC going into freefall?
or is it going to $11k?
the more we talk, the clearer it becomes you have no definite position, or conviction, other then "I think it will go down, sometime, I won't say when, hell, I don't even know how much it will go down".
>When i mean liquidated, I mean your position was stopped out
no, you say 'liquidated' to try to sound more intelligent and you breathe condescension.
>Your risk is that your entry might not be low enough to withstand a 50% flash crash.
on a 2 year timeline? again unless crypto is completely dead and you don't anticipate another bullrun, you're just arguing to ague.
>Doesnt matter which way the market goes I make money.
anon, you'd have to actually buy something to make money.
>You however, rely on BTC hitting your 120k target.
No, I'm not reliant on hitting a new ATH to "make money".

>>52318591
I'm not trying to get the bottom. Its stupid to think you can time the bottom. However I see a great trade off the 11k level IF it holds. Thats it! Theres no other mystery around it. I take a trade off 11k if i see that the level holds and the bulls gain control.

Its also why i said it will be a scalp trade above, because in the event we hit 11k in the coming weeks, the price action will STILL BE BEARISH.

>>52318596
you are just digging your hole deeper, you clearly stated that a spot buyer gets liquidated
words dont mean whatever you describe to them anon, it really is time to step away from the keyboard this isnt even fun anymore, more sad now

>>52300953
might bounce first to suck in the normies again

>>52318068
>Ive already explained this, you look like a fool anyone in this thread
take a look at the thread.
how many people have chimed in, and told you, in no uncertain terms, you're a bonafide retard.
now take a count of how many that have disagreed with me.
>I DO NOT HAVE A POSITION, IM WAITING FOR 11K HOW MANY TIMES
if you're not willing to front the money for the trade, you're not worth listening to.
>Keep thinking that as your position consistently sinks further underwater and you desperately try to remain above water.
oh no! the gay bear that can't articulate 'when' the market will crash, also implies my purchases will forever remain under water!

>>52318648
>you can't help yourself but to make everything complicated.
I cant help myself? You fr? Ive made it simple for you cause you just dont get it like for example below

>is BTC going into freefall? or is it going to $11k?
how many times, i wont react until price approaches 11k. Then i make a decision instead of fomoing in like yourself.
Ill say this as simple as I can
IM WAITING FOR PRICE TO COME TO 11k, THEN I ASSESS THE REACTION BEFORE ENTERING. IF MOMENTUM IS SUPER HIGH WITH THE BEARS AND THEY PUSH IT THROUGH 11K I DONT TAKE A TRADE.

>the more we talk, the clearer it becomes you have no definite position
Thank god you're finally getting it. I DONT HAVE A POSITION, IM WAITING FOR A LEVEL TO BE HIT

>on a 2 year timeline? again unless crypto is completely dead and you don't anticipate another bullrun, you're just arguing to ague.
I understand this doesnt affect you unless you are in an actual trade setup, not inc spot which is what you quite clearly have

>anon, you'd have to actually buy something to make money.
Or trade both sides? Again you rely on hopium, no guarantee of that happening.

>No, I'm not reliant on hitting a new ATH to "make money".
Sorry yeh youre right. regardless of the fact your position is still underwater, going back to my original point.


At this point i dont think theres much point trying to help you anon. Truly and utterly retarded beyond comprehension

>>52318674
words dont mean whatever you describe to them anon

>>52318940
>I DONT HAVE A POSITION
>Or trade both sides?
anon, you'd have to actually buy something to make money.

>>52318909
>how many people have chimed in, and told you, in no uncertain terms, you're a bonafide retard. now take a count of how many that have disagreed with me.

WTF are you on about bro? Keep DCA whatever I dont fucking care. WE can go round and round telling each other that we dont know what we are saying. But the fact is, is that you literally dont underatand a simple concept.

>if you're not willing to front the money for the trade, you're not worth listening to.

Yeh brilliant advice anon, again proving my point. You really are a stupid faggot arent you!

>oh no! the gay bear that can't articulate 'when' the market will crash, also implies my purchases will forever remain under water!

Originated from my initial comment that im looking at 11k as support, and that DCAing doesnt imply we are bullish, KEK.

>>52319130
This troll haha, absolutely helpless

>>52319130
anon, tell me how that position you "actually bought" is treating ya?? XD

>>52319130
at this point i'd say just stop bothering to reply
no lulz left to milk that are worth it

>>52319130
In an out of positions like ive previously said (waiting for 11k before entry). Holding spot is a hopium game, best of luck though

>>52319220
The only lulz are dumb and dumber struggling to understand basic trading concepts, whilst being currently underwater trying to convince yourself that youve made some amazing financial trade of the next decade. XD

I dont even know why im daft enought to keep replying to you both

maybe I put to much emphasis on hopium thinking youd be able to understand basic concepts, the very same hopium youll need to get above water.

>>52319220
I don't know anon, his triple (you) on that reply kinda tickles me.

>>52319375
yeah he truly doesnt get how this place works, you can smell the newfag on him so bad
but this really was it for me, i am out not even lurking anymore

>>52319364
>whilst being currently underwater trying to convince yourself that
nice assumptions retard i am still up from my dca cycle as of the moment of this post lol, up heavily from real wagie bucks of course but thats without question

>>52319533
Haha, seethe harder faggot. bon voyage!

>>52319667
>he actually makes money
>does so with little thought/effort
haha, seethe harder faggot! XDDD
also >>52319533 checked.

>>52319920

>makes money
lmao I dont know who you're trying to fool with your underwater position XD.
truly too much cope amongst you both

>>52319920
Looks like a good place to buy XD

>>52320125
unironically yes, you can't ONLY analyze the chart. take news into consideration, I don't care what people say, yes I realize price action is a lot of bots trading that follow algorithms, but news does effect things. I don't think it's going to keep crashing once people realize ftx was basically some youtuber scamshit, I didn't even hear about it until now because I'm not a newfag and didn't pay attention to this (obvious) scam. I think BTC reached the bottom though.

>>52320125
here's I'll throw you a bone.
go ahead and take a look at the volume on btc over the last week or so.
now line that up against the volume near 2021 ATH's.
take note of the price points and how they relate to the volume.
then come back and tell me if you think btc is undersold.

>>52320244
>52310657
Again proving my point.
WE HAVEN'T BOTTOMED
NO INDICATION TO BECOME BULLISH IN THE SLIGHTEST

>bankman-fried's net worth might go NEGATIVE after this binance incident
HAHAHAHAHAHA

>>52320393
i'll buy at 0 with $1

>>52320340
Means nothing! Here is an actual bone for you. The fundamental indication that we have bottomed is when we begin to change market structure (Shock, we havent), until then we continue with the trend.

My problem with what you were saying earlier is that you think buying anywhere downwards is logical when it isnt. There is absolutely no support between 18k and 11k. Therefore its more likely to reach 11k meaning at buy at 15k is retarded for a DCA when you can get in at a near 50% reduction in price.

>>52301016
Wrong.
It will bounce up before March. The crab will not be longer than last cycle. Halving will come earlier.

>>52320506
>>52310657
Read This ^

>>52320581
you think it will go below 0?

besides that I only lose $1 kek

>>52320635
Haha wtf? I think 11k is the bottom, but I cant say for certain until we see a reaction at the level. Only once I am confident the bulls can hold 11k will I enter for a scalp trade. Only a scalp trade because even after hitting 11k BTC will still be bearish.

>>52320547
>Means nothing!
lazy math, but because you couldn't be bothered to check;
~$50B volume for btc at $60k vs ~$300B volume at $20k (and less).
that basically means, for every person who would've bought btc during peak euphoria, 18 people would dump btc right now.
that's oversold.

>>52310432
>all caps
Where?
>exclamation points
Used in a quote you illiterate faggot. Here's some caps for ya hoss, KYS

>>52320952
Firstly this logic doesnt factor in people who took BTC of exchanges into cold storage. Only traded volume, it doesnt account for the vast majority of BTC moved out of the exchanges.

Secondly, price can and does so alot of the time, continue in the trend direction on little to no volume for longer than you expect. It happens all the time. As well I have already stated that from the move down from the ATH, the selling pressure is weakening. I know we are close to bottoming, but the difference is my entry is much more likely to be better than your entry. DCA is for newfags and is Lazy trading

Look at the candles, no buyers are interested