/biz/ - Business & Finance

>>57387413
>we could go up before we go down
WOAH

>>57387413
it's going to paint a reverse cup and handle which will dump it to 30k. more dumping will possibly happen after but it depends if it paints more bearish patterns

>>57387413
I bought back 1/5 of my position in btc at 38800 on its way back up, if it hits 40k ish we will see if breaks it or goes back down (i think it will do the latter)

>>57387413
how likely is it to actually hit 35k?
I solded at 40k, and set my TP for 36k...am I fucked?

From there, the descending triangle signals a bearish continuation to 35k

>>57387486
Very likely. This correction is still very small considering how we've been going up non-stop for months. Will probably go down to 35k or 32k.

>>57387486
Hard to say, there is a long way down. As i understand it to cross price levels where it has stayed for a long time is slow. There is like a step down ladder to 34k, idk if it will get there, but if it does it will happen slowly i guess. Also there is a big liquidation zone at 34k.

>>57387413
If anything we will get a scam wick to 41k to liquidate longs op, then next stop is around 37k. I think we bottom at 30k around march or april.

we're going to 44k followed up with a dump to 32-36k and then finally up to 225-300k in autumn of 2025. its that simple really

>>57387413
TA being applied here seems genuinely retarded. it will realistically go to 30k - 35k anyway, but for the love of god I don’t want you to believe TA predicted it.

>>57387659
why the fuck yall keep saying its the next year when it doesnt work out this year, every year

>>57387413
yo bro, 39k5 yesterday is a support but now its a new resistance lmao. Not gonna expect btc price will go to 40k anymore. It will dump some more. All socials like twitter, reddit and beoble are saying the exact same thing.

>february gonna be a dump month
>bloody red btc
>btc 19k

>>57388753
Its all over now. I got liquidated, and I'm dying my ass off right now.

>>57388789
stop with the fucking leveraged shit

>>57388753
>>57388789
quit double posting you panic selling puss newbie lol

>>57387486
I mean I think its pretty likely given how much grayscale has left and the fact that pro traders are all now saying bearish trend. I would have liked to see buys stepping in here today but we just went sideways. Not really what you want to see for a bounce.

>>57388817
bounce is in 8 hours

>>57387413
And there u go, 39950 reached

>>57387413
Say no more, time for FUN is here

>>57389787
true, the lower channel line held. probably a move sideways to the outer line and a dump down to 38k

>>57389864
this is a better image with the original channel line in the right position as in the op

>>57387492
does anyone actually believe this crap

>>57387709
> . it will realistically go to 30k - 35k anyway, but for the love of god I don’t want you to believe TA predicted it.
…….idek what to say to the posters on this board anymore. I didnt think it could get worse than 2021

>>57387413
It already broke the channel.

>>57390132
no it didn't you fucking nigger
>>57390111
cope. I called the dump to 38k 4 days ago. why didn't you listen?

>>57390184
I called the dump to 40k months ago but used none of your stupid meme lines.

>>57390184
>no it didn't you fucking nigger
that is why i keep coming back to this fucking website holy fucking kek

>>57387413
Geese is that really what the chart looks like. Can you send me a link

>>57387413
>a pump from $39.2k to $40k is possible
>$800 BTC pump
>2%
>pump