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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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File: 73 KB, 1504x625, BTCUSD_2023-12-29_15-00-37.png [View same] [iqdb] [saucenao] [google]
57124989 No.57124989 [Reply] [Original]

testing major support right now, price will drop into that gap in the volume profile, dropping down to 37000 at some point before crabbing a while between 37000 and 42000
once volume fills in in this range, we can continue moving higher

You should have listened.

>> No.57124999
File: 40 KB, 1289x634, 1703814797307107.png [View same] [iqdb] [saucenao] [google]
57124999

original prediction made Christmas eve
everything has played out as predicted

>> No.57125013

Op will eat shit and be humbled soon

>> No.57125022

>>57124989
Yes makes sense look at the funding fees.

>> No.57125024

Bro we're going to 30k

>> No.57125096

>>57125024
I could see it, especially looking at the 1 day chart, but whether it goes up or down I think itll first range between 37000-42000 regardless

>> No.57126333

>>57124999
christmas of which year?

>> No.57127237

>>57124989
>>57124999
checked. which indicator do you use that displays the buy/sells or the volume or what that is like that on the side?

>> No.57127889

>>57124989
>You should have listened.
I sold based on the 3 Day MACD Cross.

>> No.57127913

>>57124989
Main idea remains.

>> No.57127958

>>57124989
we're definitely in a bull trap. I stand firm that bear market isn't over-over until we BART around $10k for a while. this rally is just the relief pump from the $70k selloff

>> No.57127999
File: 408 KB, 1079x1507, Screenshot_20231209_161516_X.jpg [View same] [iqdb] [saucenao] [google]
57127999

>>57124989
>>57124999
based and NASTY NASTY SHAKEOUT IN JAN pilled

>> No.57128289

>>57124989
what is the blue vs yellow volume?
>>57124999
checked

>> No.57128444

>volume profile of past trades
you will never evolve beyond midwit
that has never and will NEVER give you statistical probability of any movement
you can either read my post and accept this fact, or endure the tough lesson that life will teach you
your horoscope for men does not work

>> No.57128580

>>57128444
>being this low IQ you and yet so sure of yourself
he's just showing support lines you dolt

>> No.57128705

People who use TA are poop eaters.

>> No.57128717

>>57127237
>>57128289
https://youtu.be/i1xjh79XC4U?si=fH0e_CNSpaBZtHSE&t=532

>> No.57128813

>>57124989
So a January ETF approval is pretty much a sell the news then? Same scenario happened with the Super Bowl market top and the futures approval market top back in 2017. Would an ETF rejection cause an even bigger sell off to 30k or perhaps lower?

>> No.57128815

saturday is gonna be low volatility bounce day fren, scalping from 42k to 42.8k

>> No.57128866

>>57124999
>>57127999
Checked and incredibly based

>> No.57128917

>>57128444
>Dude the places that people buy and sell don't tell you where they buy and sell
Lmao coping bull. You better hope to god 35 holds

>> No.57128930
File: 75 KB, 847x791, bobo-smoking-green-candle-cigar.jpg [View same] [iqdb] [saucenao] [google]
57128930

>>57128813
>will this be bad?
nootice the low volume and how the pump is directly tied to the rumor? we will sell off

>> No.57128942

DROP ALREADY

>> No.57128946

>>57124989
How about the SPY

>> No.57129235

>>57128813
I wouldn’t short the ETF mews unless we get a bulltrap to 46K first.

>> No.57129293

>7 year crypto fag
The corn never does what you think. It goes higher than you ever think it will run (who really had us at 45k in early Nov at 25k?). It dumps lower than you think it will (remember how an old cycle ATH had never been breached then it went to 15k). It won't be a nice dump everyone can stomach. It doesn't give nice little bowties to succinctly wrap up moves. It cuts you open and makes you question yourself. We either run to 60k on the ETF news or we scam wick to 50k and dump to far enough below 30k to get everyone scared to buy. Don't be shocked to see a wick to 24k anon.

>> No.57129312

>>57129293
>scam wick
I bet we get a few of these, both red and green

>> No.57129459
File: 25 KB, 900x548, jFyL6br.png [View same] [iqdb] [saucenao] [google]
57129459

Someone that uses volume profile would have caught the literal bottom and wouldn't need to bother with nonsense past that.
My guess is that OP is a bear that didn't buy the bottom because "it's gonna go down to 12k" (a 20% difference) and now he is in the first stages of capitulation and is "totally going to buy" at 38k (a 20% difference). He will fully capitulate when nothing goes the way of his..."prediction".

I mean, he's not even using indexed volume for fucks sake. "Volume must feel this range" is not even a real argument, pic related. This is basic market dynamics.

>> No.57129462

There's a CME gap at $38k to fill, that's perfectly fit the narrative.

>> No.57130924

>>57129235
Etf is sell the news, it will give btc massive free advertisement in mainstream media, exit liquidity will flow in, and after everyone is reckt bullrun will continue. I suspect it will be kind of like covid crash or something

>> No.57130967

>>57124989
ARTIFICIAL PRICE DROP INCOMING
https://www.coinglass.com/Balance

>> No.57131009

>>57130967
>https://www.coinglass.com/Balance
Explain please anon

>> No.57131078

>>57131009
US small exchanges are having large amounts of bitcoin deposited to them.
Easier to sell and push price down.
Also lots of short interest currently

>> No.57131091

>>57130967
>>57131009
>>57131078
Although to be fair, on that coinglass page which I check many times per day, I've seen btc be deposited in large amounts on various exchanges to only be taken off again with no big price moves but this is probably the largest I've seen.

>> No.57131180

>>57131078
>>57131091
Thanks for the spoonfed, anon

>> No.57131419

>>57130924
Sure as fuck hope so, waiting to lump sum since october. Thank god interest rates are high

>> No.57131469

>>57124989
So then, what's your prediction for 2024? $20k by June?

>> No.57131506

lots of delusion retards who missed their chance to buy cheap itt

>> No.57131717

>>57131506
>42k
Cheap is 20k. 42k is quite expensive.