/biz/ - Business & Finance

Translation
>BUY MY BAGS AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>7528409
i've seen this graph since we dropped to 16k. this delusion. You only force your graph to look like it'll be going up, but it wont.

>>7528409
LoL at the MS paint meme lines.

actual good analysis.
https://www.youtube.com/watch?v=8iPJPaqCgLQ

Im not sure about the lines you've drawn, but yes, this is the right shoulder on inverse head and shoulders on 6 hour chart.

We may drop below 8K over next hour period with a push back up to around 8.5-8.7

should be to 10K by monday with some stagnation then takeoff throughout next week.

Agreed, anon. Nothing but morons here. We've literally hit 4 higher highs, and 4 higher lows the last four days. And morons are still clamoring for a bull trap reversal, it's sad people are actually believing them

looks like a classic nigger zig zag pattern to me

>>7528473
>it went down in the past
>so it will go down forever
You fucking retard, you are just like the idiots who said BTC would never stop going up.

>>7528409
Zoom out faggot

>>7528496
T-this are not meme lines?

>>7528565
Go see the charts from mid Jan. Same exact thing. Also zoom out.

>>7528409
Zoom out faggot

>>7528409
>5 min candles

>>7528674
Until it breaks one of it's higher lows, you are truly a fucking idiot

>the bounce will continue
>technical analysis
>bear market is over

>>7528631
what the fuck is this nonsense?

>>7528838
From video big TA lel >>7528496

>>7528838
watch the video. his calls have been spot on

>>7528811
Those are daily candles you collossal fuck-up.

>>7528496
dont ever link this faggot again

>>7529029
yeah fuck that chink

>>7528814
k

Wait, people still think we are going below 8k?

LOL people want to make 25-50% gains on alts a day why would anyone give a shit about 10% gains on BTC? Holy fuck this board.

>>7528447
Lol, it is just suporting at previous resistance, you are going to kill yourself if you dont buy now.

>>7529397
but in order for alts to pump like they did in Dec & early Jan, BTC has to be slowly rising, not this weak shit of rejecting 9k

>>7529907
It broke 9k actually

>>7528409
How many dips from 800MM marketcap to approx. 200MM marketcap did we have before you fucking cocksucker?

>>7528409
you're the one that needs to zoom out retard

>zoom out

if you followed your own advice you'd realise you've just drawn a bear flag

STAIRWAY TO HEAVEN

Where is that TA fag who literally put a rectangle on bittrex explaining why it can't break the 8.5k resistance.
We need his expertise.

>>7530005
>>7530018
/thread

>>7529621
Why can the “Bitcoin is going up guys trust me” guys never spell?

>people think btc will go higher when Nikkei and HIS are getting body bagged

We have just now double topped which is why you saw bots kick in and sell. There will be a slight resistance as we are seeing and then things get bad.

>>7529968
um, yes it "broke" 9k and then quickly dumped to 8.7, then 8.5, now 8.3 lol, what is your point?

>>7528409
Hey I have started my own server FREE to join for ALL like minded investors.

we’re currently a small group so please give it time. There will be absolutely NO VIP/premium subscription membership b.s . It will be free forever. I want to make it more fun but more crypto oriented - LESS Spam, would you like to join?
i don't care about having 15,000 members, 100 contributing members is enough. i'm only asking people i think will bring value to the community

|discord| |dot| / WMwVeW5

>>7530046
because all of you want to buy cheap bitcoin
if you bought it at 6k all you want is someone else to push it up so you can dump it higher, but no one is buying again
so unless tether\whales\exchanges washtrading woudn't push it we'll need to spend more time in actual demand zone which is way lower than 8.5k

>>7530125
EU glass hands sold off like every other day. Doesn't really change anything, the rest of us will just have to save crypto from you cucks.

The only reason we went to 6k in the 1st place was fear of the SEC meeting going poorly, luckily it went better than anyone was expecting.

>>7530213
>be americuck
>don't know about short selling
>think you can only make money in bull market

>be Eurogang
>wake up
>"Oh BTC is having trouble breaking that resistance, it's losing momentum"
>Open leveraged short position at the top
>sell large amounts of BTC on gdax
>rest of the world start panic selling
>Americucks are yelling "Weak hands, weaks hands HOLD, HOLD"
>meanwhile P&L = +300%
>buy back/close my position + flip it by going long with leverage
>they see a green candle
>"BUY DA DIP BUY DA DIP"
>make another +300% profit

>>7530213

We went to 6k because of Dow, Nikkei, and HIS collapsing so quickly. It had zero to do with the meeting.

>>7530180
I think the demand is there, but people are still scared of BTC dumping again and are just waiting for FOMO confirmation

I think if we bounce again off from 6k to 8k as fast as we did earlier this week, that will be the start of another bull run for the entire market

>>7530213
weekend pump, dump on monday.. rinse and repeat for 5 weeks now.. we are correcting at 5k

>>7530213
That was not the reason why we went down at all, but you can keep living in your dream world

>>7530125
The point is we aren't at 5k so thank the gods while we still have a chance

>>7530213
we crashed so hard because the "hodl" crowd was all talk and no backup, everyone was panic selling just because of the precipitous BTC price drop

>>7528409
yes.... but what do you think will happen at the end of your meme lines?????

>>7528932
No they aren't you fucking retard

>>7528409
It's already $8900 in Korea

WAIT FOR US KOREABROS

>>7528496
wow this guy actually knows his shit

>>7530456
Holy shit.

Confirmed.

Thank god Korea opened up new account creation last night. America needed an ally vs these eurobear cucks.

Have fun fomo buying back in.

>>7528409
Fear.
Bulls are overbought from buying in during the last couple failed breakouts, so they have no money to push the price up. Thus, the now powerless bulls resort to spamming random shit on forums in order to try to get bears to buy back in to stop the decline. However, time is on the bears' side; they merely have to wait until bulls are forced to liquidate their coins to pay for living expenses and/or taxes based on last year's BTC value.

>>7530317
HODLers typically have a greater percentage of their net worth in crypto and a lower income than normal people. They can't do shit because they're already overbought and on top of that they have to pay taxes based on BTC being over 10k. They're fucked if BTC doesn't rise by April and they know it.

>>7530561
WE ARE THE TETHER MARINES AND WE'RE NOT FUCKING BUYING.

>>7528409
I'm not the man they think I am at home
Oh no no no I'm a /biz/nessman
/biz/nessman burning out his savings up here alone

There is only bullmarket ahead for now.

>>7530561
>time is on the bears' side
indeed
since majority of newcoiners haven't experienced bear market they expect continuous pump
btc can't even go sideways now because people immediately sell it for alts

>>7530532

>>7530733
>There is only bullmarket ahead for now.
and you say that because it was bull market for the last 3 years and it should continue indefinitely?
or, how long you expect it to last then? and how you would identify start of bear market?

>>7530802
Even most of the crypto "OG" traders/holders were saying we would never drop below 10k

Then it was 9,8,7,6

BTC being back AT LEAST in the teens will be the critical psychological boost to get normie money to start flowing back in

>>7528589
>The floor will be what you imagine it to be.

>>7530970
Its annoying, BTC should just make up its mind
Everytime it dips people sell off their shitcoins to buy the dip and when BTC dips it bleeds all over my alts
Atleast we can buy the dip

>>7530532

>>7531780
Good job
I lauged at yet another brap post

It's already found support at a higher low. Here we fucking go, to 10k boys

>>7530561
We're at return to mean and 6k cucks are desperately fudding crypto right now making pink wojak threads constantly trying to make the newcomers sell.

>>7528409
totally not crashing, let's buy some more into this bear market right?

>>7531862
$9000 in Korea

if we're not going down anymore, 10k in 3 days easy

>>7528496
Rambles a lot

>>7528914
i tried to watch it, this chink definitely has ADHD (or on adderall/speed high), kept rambling about unrelated shit and couldn't focus on the topic at hand. Also his elliott wave positioning made absolutely no sense. Yeah, take advice from that guy.

>>7528409
What do you think about this anon?
>>7530423