/biz/ - Business & Finance

Uhh. Nah.

>>8135758
Really OP? We still doing that?
Well, it would be nice to get rid of more useless fiat at a nicer buy in. Sure! BTC is dying guys! No volume! Everyone hates it! Normies everywhere!

Kek
50k end of summer

>strong resistance

>>8135758
this is critical for BTC

The next 5 seconds are CRITICAL for Bitcoin

>>8135758
what happened OP
Bitcorn couldn't break 12k? What was our target
This should be fun

>3 months graph
holy shit op

>>8135799
>>8135909
what's wrong? too blind to see the Massive bear wedge forming?

>>8135946
honestly I agree with you, but BTC is not done bleeding yet

>>8135758
>"Hey look at my two lines! It will crash by ~40% soon!"

I can bet my left ball that BTC will hit 13k within a few days.

>>8135758
That's a massive fuck off inverted head and shoulders so even if TA memelines and patterns meant anything - and they mean fuck all - it should be heading for a pump up not a dump.

>>8135758
Cup and handle formed on the daily , the moment it breaks the fibonacci resitance around 11570, shorties will kill themselves.

>>8136211
the whole point is it isn't breaking out brainlet
every bull is trying to push for 12k and beyond... and it isn't happening
Guess what happens when the broken up fake looking inverse head and shoulders doesn't break out? You think it just trades up here forever

>>8136030
>Bear wedge
>Literally an ascending triangle
Good lord how stupid can you be.

>>8136539
apparently not as stupid as you

>>8136539
>>8136635

cheat codes
the purple is the 'bear wedge' btw nigs

>>8136660
>it's going up forever

>>8136635
>>8136660
the graphs don't even look the same retards

The standard deviation is approaching zero around 11500, it's either gonna pump hard or dump hard real soon. Logic would say dump, but if the market manipulators decide pump then pump it will be. They surely have some more tethers available in store to pump it

>>8137240
probably the most reasonable response ITT

>>8135758

He bought high sold low. KEK.

>>8135758
>6k crash imminent

Its time

>>8137240
>if price goes up it's manipulation
>if it goes down it's organic

>>8137240
>it's either gonna go up or down
No shit

Nearly 35000 btc worth of longs open on bitfinex, almost the all time high, 10000 of them were open in the past week, probably tethers used for pumping, maybe they can't go much further after all

>>8135758

hope it's gonna crash

Its going up.
Prepare your longs.

i just want it to either moon or crash, i have a leveraged short on a altocoin, in profit, BUT i know that a btc pump or dump, will make alts crash...BTC DO SOMETHING

>>8137330
kekked

>>8137338
Actually that doesn't mean shit they could fake that too, ATH was on February 12 and it pumped $3000 right after

>>8137330
Considering the way it's going up and the way it's going down, considering the fundamentals, yea who do you think is buying now?

>>8136250
You are the most retarded fucker around these parts. You're 3 months too late to be bearish. Now you just look like a retard trying to be smart by being contrarian when you could've doubled your stack from the bottom

>inb4 ive been shorting ex dee

I want to try my hand at margin trading, any tips anons? I do not plan on using leverage.

>>8137338
>probably tethers used for pumping

lol, is this still a thing ppl use to fud?

>>8137471
Woah a whole double

>>8137475
>i do not plan on using leverage
sell high buy low

>>8137515
Yes 2x in a month is bad. Tell me more. What have you been doing?

>Inb4 ive been le shorting!!!

>>8137489
The tether problem isn't going away simply by labeling it fud, it will come crashing down sooner or later, probably sooner looking at how regulators have stepped up their game lately

The market is manipulated up and down by big players. Normies have cooled off for now

>>8135972
just sold 100k

>>8137554

Losing 75% in a month is much worse. Easy to regain a bit from that.

>>8137554
There are stocks that have risen more than that.

>>8137577
No shit retard. Being bearish on something that already went down 70% is almost as stupid as buying BTC at 20k

>>8137471
kek
I've been saying from the beginning i don't bet shorts and longs on BTC
All i do is trade alts, faggot
If BTC does well... good for me my alts will do well
If BTC crashes, good for me still... i have fiat ready to buy cheap AND i get to see all you perma bulls cry. Very entertaining

>>8137605

It's no longer 70% down. And the market is showing with their buying that nobody wants to buy a bitcoin above 10k. When the volume is this terrible there is drastic retests of lower to see where people want it. That will happen eventually.

ITS FAILING TO BREAK OUT AAAAAAAAAAA

>>8137475

BTC will cross 12k soon and drop back down to 10k before blasting off to 17k. Screen shot this and shove it up your ass for safekeeping.

>>8137556
>this vague threat that has been abused to shit and back should still scare you, don't just call it FUD

Yes, we are trembling in fear that the tether that held through a 70% crash is now going to go tits-up for no fucking reason.

This market are dead. I sold my 600k LINK stack about 1 hour ago.

Eth is bleeding so I expect BTC to surge. A crash would be nice as well... I just want something to happen because this indecisiveness is unnerving. Just waiting for a big dildo to fuck me over while I sleep.

IF IT FAILS TO BREAK OUT ITS OVER
EVERYONE KNOWS I MANIPULATED AF

>>8137679
Yes, the coming 15 mins will decide the fate of BTC.

>>8137611
Alts are down you retarded larper kys. Not even a perma bull, I sold early around 13k in december. Your alt shit is pure fucking larp. If you're really all in alts you're bleeding harder than anyone here

>>8137679
It's been moving through memelines sideways on low volume for a long time now. Right now it's a complete coinflip.

>>8137692
Holy shit guys this is make or break it. Absolutely critical

>bitcoin isnt manipulated

>>8137697
>some are bleeding
>some aren't
Unlike you, i don't go all in complete garbage
I always have some coins doing well
And i don't panic if they aren't
comfy

>>8135758
thanks just sold 100k

PUMP IT

>>8137803
This shit is killing me.
I trade on leverage and it's so annoying.

>>8137824
Name one that isnt down at least 30%

>>8137803
alright. explain how manipulation works in this scenario, fags. you cannot.

>this is an important week for btc

>>8135758
nice just bought 100k

>>8135758
I unironically believe btc is a worthless shitcoin but I would be careful.
It broke the short-term downtrend (red line), could go up as well (green line).

>>8138028
nah dude its over pump failed

>>8138057
nvm

>>8137969
down 30% from when? All time high?
check the ETH chart, if you got in semi early there are alot of coins still in the green

>>8137611
have you considered using low leverage 2-5x to short btc when you feel a correction is coming? you could make better profits and therefore buy more alts?

my strategy so far (i havent really used it much) is: buy btc when it bulls, wait for alts to bleed, then short the top, alts bleed more, cover short and buy the dip on alts. kinda good gainz

OHHH SHITTT

look at the buy orders btc won

>>8138057
>wrong
What are you even talking about? It just went up literally after I posted my meme lines. It not about muh pump, it's about market taking a short to midterm direction.

Lets see how far this push takes us, I'm guessing we'll hit 11.7k and then move between 11.6-11.7k for a while.

>>8138028
>lineal scale

>we will NEVER break 11.6k

>>8138102
thought about it, but i don't have too much money to play with atm and....
risky as all hell bruv
I've seen too many times people get liquidated on biz when BTC looks like it is on an obvious short term bull run

>>8138181
Thank you for using a retarded name, I'm glad i can filter you

ITS MOONING
AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>8138181
entry point for this run was 7700 fag.
bears btfo

>>8135758

>>8135758
A lot lower than 6k

LMAO

>>8135758
once again proving that TA is literally as good as rolling dice, good job op, hope you like flipping burgers

NOOOOOO MY SHORT WAS BTFO

OP_irl
https://twitter.com/BitmexRekt/status/970732654319624192

>>8138216
>>8138194
>>8138179
next target 11.7
lets see it bull cucks
lets see what you are made of

Its actually disgusting seeing all the bots on bitfinex

>>8137475
This would be so much harder if people like you didn't exist.

>>8136635
>>8136660
seriously, you both suck at TA AND market psychology

HOW WILL MY MY WIFES CHILDREN EAT NOW

>>8138148
it was just to do it quick, I painted lots or parabolic lines you autistic inbred. Maybe you should have listened to me? look at the graph and witness the capabilities of a real pro, uberanon out

>>8137330
Looks perfectly like an organic rise right? :)

>>8138242
Once again proving that TA fags should wait for breakout before making any call.

>>8138327
wtf is an "organic" rise? literally all price movement is based on buying and selling.

>>8138283
Hmmnmm nice try street shitter
Check my top green line, it is following it exactly
I'm watching it in real time

TA fags being wrong again. Always amusing.

>>8138369
Pardon me but my glorious ta was spot on.

SHOOOOOOOOOOOOOOOORT NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOW

>>8135758
Oy vey, this goyim sold at 6k.

>>8138392
>1 point connections on both top and bottom
>arbitrary line cutting through wicks
>using blockfolio

excellent TA. retard

>>8138392
>5 min candles

Brainlet

>>8138419
It worked.

>>8138369
>>8138342
>>8138392
>>8138402
>>8138419
short term celebration as always
never change biz
you know how many coins it has to eat thru to break 11.7k?
Fucking morons, i'm not saying it won't
But there is still a good chance it gets rekt
>Duhhhdhdhhrrhrrrrr
>ta fags le BTFO xD
Kill yourselves

>>8138356
Various people buying, not a few whale bots painting the charts to fake a bull run

Its just bots at this point.

>>8135758
Uh oh. It broke through.

>you crapped your pants yet again Joel.

>>8138468
it's a fake fakeout. shorts about to get just'd. whales are always one step ahead of TA fags.

>>8138457
BTC will be 13k in 2 hours, screencap this
I threw a pen on my monitor and it painted a meme line
just in case also I gotta say it can dump to 8k

>>8136660

>Bear wedge but the volume is increasing

KYS

SHOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOORT

This is where i told you.
>>8138028

>>8136162
See OP? Don't trust meme lines, if BTC smashes 11700 today then prepare for 13k by tomorrow or ~2 days.

CMON WE'RE SO CLOSE

>>8138644
You are too greedy, it's never either or.
Meme lines work to a certain extent if not drawn by a confirmation biased sub fish iq autist.

>>8138685
12.8k-13.5k in a few days is surely not greedy if bitcoin smashes 11.7k today.

nothing is going to happen

>>8138668
that doesnt indicate shit dumbass

>>8138457
read my message dude, I'm criticizing his TA not TA itself. my prediction is that this is a stop run to get people to long and then drop back to below 10k.

>>8138242
No, TA is actually useful. but OP is complete retard who don't even realize what he posted is actually a bullish chart.

>>8138906
judging by the amount of replies this thread has, this shows there's a 50/50 consensus on whether we're going up or down

>>8138865
yea i was just replying quickly to ppl
Didn't mean you, and i can see that
Bears arent retarded, they know everyone is going for that Inverse head and shoulder

It can go either way, they could totally cause a massive bull trap

>>8138265
You started using that image after I posted it. I deeply regret that. Please kill yourself.

>>8137489
Guys pls don't say anything negative about bitcorn so it doesn't go down.

>>8139005
LOl
I've seen you say that before, you dumb fucking faggot
You want to feel original don't you
I first saw this 3 months ago, you probably recently posted this in a thread i was NOT in
Kill yourself you autist

>>8138775
>tomorrow
>in a few days
Times have changed, you people don't understand btc is now controlled by derivatives via mainly fiat.
Be happy if it goes up slowly, you won't see explosions like a few months ago, at least not for a sustainable amount of time. BTC will become less volatile with a lot of scepticism on both sides.

>>8136660
dumb namefag

>>8138509
>it can go up
>it can go down
>bc meme lines
TAfags, toplej

>>8138959
one big market sell and it will snowball all the stop losses and top longer liquidations, its gonna happen soon enough.

>>8139062
kek

>gdax ~$30 lower than other exchanges
>huge sell walls

What did the market mean by this?

>>8138342
Wait for breakouts...and get rekt by false breakouts
>>8138906
Easy to trade with a time machine and calling others retards, let's see your leveraged position genius.

>>8139438
>no new fiat coming in
>people cashing out to USD
>bitfinex over $50 GDAX price at times, Tethers buying up BTC
>fiat exchanges lower than before bullrun

hmm....I wonder...Bitfinex painting the tape. Short.

>>8137803
>>8137933
This is why TA is worthless in crypto.

>>8139483
Looks like the gap just closed. That was weird.

>>8135758
Hey OP. Funny thing is, if you had done this exact same analysis a couple weeks ago (as I have done for you now) then you wouldve sold at 11.5k and rebought at 7k. Except you didn't because it never got to that line. So why will it get there this time?


Your TA is trash

>>8139771
you familiar with the repeating exponential J curve? because that is the 1 curve that has literally defined the BTC price since its inception. if you look back peaks on smaller time/price scales ($30 in 2011, $230 and $1000 in 2013, ...) you will keep seeing the same graph, over and over again. Price always peaks, and then tapers off to around 50-67% previous peak value

the current iteration we're in hasn't yet reached the equivalent bottom, which means we're still riding out the remainder of the bear market. at a minimum BTC will drop to 6-8k in the next week or two before the trend actually reverses. people keep expecting the graph on the left when it is really more like the one on the right

>>8140157
We are doing short j this time and you know it.

>>8140157
I agree with the shape of the curve but not your numbers. By your own account you say a 50-67% retracement. From 20 that means 6.6-10k. Why does it have to go back down to 6-8k? Why can't it remain stable around 10k-12k for a while before the next moon? I think it can. Also I dont think this time will be exactly like the last time, because this bull run is the first one that really got a huge amount of media attention and normie influx. These factors alone could change the way bitcoin behaves and what happened previous times might not repeat because the factors are slightly different.

PREPARE FOR THE LADLING

What's funny is that when I first saw this picture back in summer 2017 I thought it was ridiculous. But if you look at the numbers, bitcoin did exactly this picture and beat it by 2x, we went to 20k instead of 10k.

What a time to be alive

>>8135758

>>8135758
I want to short but the 1h/4h look fine and that the market has honestly been bullish in the sense I've waiting for a hard dip since 8200 but it never comes.

>>8140157
>fibonacci
yawn

>>8140282
bitcoin 100K??? LMFAO

>>8135758
Wrong.

15k imminent boys, close those shorts or get BTFO

Just fomo'd in. 13k before the end of the week.

Do people who post this shit really think they make even a tiny difference to the price?

>>8140963
Okay so hypothetically one could say I shorted. Why do I am so dumb. Liq at 11.9k.

>>8141894
Checked
100k eoy confirmed

>>8142496
might get to 11990 bitstamp, tops

All these people drawing lines on charts thinking they know what they're doing. So fucking funny.

The market will fuck all of you. Every single one of you whether you're short or long, because you're 'trading' without having a clue how to trade.

>>8143092
could you enlighten us?
you're saying drawing memelines on a chart is not enough?

>>8143309

Put it this way, even investment banks get this stuff wrong quite often. I'm talking multi multi billion dollar companies set up to do literally one thing. Make money from charts. And they get it wrong not much less than 50% of the time. It's the few percent which gives them the edge.

And people think that drawing a few triangles on a chart in their bedroom means they will predict what is going to happen. HAH. If that was true you'd be one of the richest people on the planet by now.

Do we have a problem yet?

>>8142496
I AM OK WITH THIS

AAAAAAAAAAAAAAAAAAAAA

>HE SHORTED
TOP KEK!

>>8143383
sauce? I think you're just spewing bullshit to re-affirm your point that TA means nothing.

>>8135758
Fuck no coin is safe. Buying different ones and they all are going down. BTC going down. Fucking whales. Fucking bots.

>>8144380