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/biz/ - Business & Finance

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File: 165 KB, 979x393, consolidation.jpg [View same] [iqdb] [saucenao] [google]
7638217 No.7638217 [Reply] [Original]

ever since downtrend began each leg down was followed by one to to weeks of consolidation period that ended with further decline

why would it be different now?

>> No.7638287
File: 368 KB, 1197x1200, 0009557086_10.jpg [View same] [iqdb] [saucenao] [google]
7638287

>>7638217
it's not

>> No.7638474

How much are you freaking out? HAHA
There is no reason that 5.8 can’t be the bottom
They’re no solid reason to go lower
you bear 6k sellers are annoying as fuck

>> No.7638571

>>7638217
The problem is not bitcoin.
The alts should never have dropped as much as they did.

>> No.7638621

>>7638217
The volume today is worse than yesterday volume. We're obviously heading sharp downwards.

>> No.7638640

>>7638621
The problem *is* bitcoin, and that's the only reason the alts dropped as much as they did.

>> No.7638682

>>7638474
lol the only one freaking out is you. I actually smiled while reading the panic in your tone. What kind of a fool doesn't prepare for both scenarios. I'm ready for 5k and I'm ready for breakout.

>> No.7638699

>>7638640
But why though?

>> No.7638721

another 6k seller trying to doomsday people.

>> No.7638724

>>7638474
I'm just trying to guess what might happen, I cashed out and won't be coming back
I think there's a lot of money still to be made but my country is fucked up when it cos to taxes and it's simply not worth the effort

>> No.7638768

>>7638699
Cos btc pairs. Soon as fiat pairs become more normal it won't happen anymore. Also people will love away from btc altogether as well

>> No.7638805

>>7638287
Nice painting