/biz/ - Business & Finance

>>7509002
Big therefore true.

>>7509002

>>7509002
You're a fool if you dont think this will test 4k.

>>7509002
>capitulation was at 5.8k
Ftfy

"mean" doesn't mean "arbitrary nice line I drew with Paint"

>>7509032
That liquidates me.

>>7509073
Sorry I didn't use meme lines.

>>7509002
Meme chart was right

>>7509073
It also doesn't mean that it won't go well below the line for any amount of time

>>7509073
if he drew that in mspaint he has a very steady hand

>>7509002
>another chart starting in 2017
People said that we were "back to mean" during the recovery after the dip to 9k, and look where we are now.
The 100 week MA, which encompasses most of the bull run since 2016, is at 3.1k. Even the 50 week MA is at 5.5k.

>>7509276

Looks like we have 1 and a half grids to go at the most of crazy positive numbers for the most part before a crash back to the mean.

>>7509002
Why does your mean line have a slowly incresaing slope? Lol. Mean line points to around 2.5k 3k as low.

>>7509276
Except there is a very apparent increasing slope to the white line he drew. Just look at the pixels.

>>7509301
S H O R T I T F A G G O T

>>7509002
I said this when it happened that we hit despair but retards think crypto is dead lmaoing at ur lives

>>7509002
normie meme lines are the worst kind.

>>7509770
Because the value increased, thus increasing the mean (the line). God damn.

>>7509002
why you only look at the 3 month cycle and why do you overlap the first dips? Are you sure you are not delusional?

>>7509032
You're literally braindead if you think you have any clue what price might be

>>7509741
The moving average has a steadily increasing slope because the value increases.

>>7509784
You don't open a short position until confirmation of a lower high.

>>7509784
Let's see your leveraged long position

>>7509963
next high is $70,000

the low after will be $16,000

mass suicides

screencap this

>>7509963
no need to manually draw meme lines, just use the moving average

>>7509032
>6K cuck sighting

>>7509963
People called me delusional for buying between $6-$7k several times on Wednesday.
If it dumps hard I'll just tether quickly

daddy needs a dip so i can buy in with my paycheck, come on

Whales dump at 10k, dive deep to new low and scoop up plankton.

>>7509032
FUCK YOUR BAIT. GREED WILL ALWAYS BEAT YOUR DUMBASS MEMELINES.

>>7510139

Just don’t use Binance like I did

>falling for the weekend pump

don't act surprised when this dumps on sunday/monday

>>7509023
>Big therefore true.
With this kind of sound logic, we most certainly are going to get rich trading bitcoins.

>>7509032
It won't reach 4k for a while. That's because even bears would buy back in if it suddenly flash crashed to 4k tomorrow. Remember how many people wanted to buy in at 8k during the dip to 9k? However, when we went to 8k during the last dip we only stayed there for a couple days because bears were now expecting 5.7k. It's going to take several weeks to get to 4k.

>>7510104
I keep seeing the "sold at 6k" meme being thrown around. Bulls are a lot more aggressive during this plateau than the last plateau. That shows we're still in "fear".

>>7509032
It's testing $9000 as we speak.

>>7510614
>bulls more aggressive
What do you mean by this, exactly?

>>7509023

>>7509002
>mfw the meme chart was real
wew lad

>>7509032
>he didnt buy the dip

>>7509032

>>7509032

>>7509032
Imagine being THIS fucking retarded.

I hope you stay this delusional until BTC is back at $13k and FOMO back in.

>>7509983
>The moving average has a steadily increasing slope because the value increases.
We're not talking about moving average you fucktard. The white line is the mean. It is linear. You people are retarded.

>>7509983
>The moving average has a steadily increasing slope because the value increases.
It's the mean line that is meant to be linear but here it has increasing slope. The mean line, not the moving average.

>>7509883
See here you brainlet >>7511660
. Check the real image. Mean line does not move as it is the mean for the whole life cycle of the asset. Moving averages move. Please learn to trade.

>>7510949
Except according to the meme chart we are still at the beginning of the fear stage. People still believe we are at the normal boom stage, but at least some realize the music has stopped.

>>7510052
Capped.
Comfy at 16k
Super Comfy at 70k

>>7509002
We just went through the first sell off retards.

>>7510012
not him, but leveraged 1.8x on 10 BTC

>>7510200
Why?

>>7509002
Going to bed now. Either I'll be very happy or meh on what happens in the next few hours.

>>7509032