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/biz/ - Business & Finance

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8359037 No.8359037 [Reply] [Original]

8K NEW BOTTOM BOUNCED LIKE CRAZY

FUUUUUUUUCK YOU BEARS

>> No.8359083

up to 8.4 the down to 7k

>> No.8359096
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8359096

>>8359083
NO!

>> No.8359099

>>8359037
BULL MARKET 2018 HERE WE GOOOOOOOOOOOOOOOOOOOOOOOOO

GET IN ON THE GROUND FLOOR

>> No.8359128

>>8359037
WE FOUND THE BOTTOM. ITS OP

>> No.8359133
File: 168 KB, 466x492, 1511597125701.png [View same] [iqdb] [saucenao] [google]
8359133

>>8359037
>mfw i'm shorting

>> No.8359185
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8359185

>>8359133
NEVER SHORT BTC

>> No.8359735

>>8359037
We are still fucked

>> No.8360071
File: 27 KB, 472x461, 1489531663_0005 - n8McQ1A.jpg [View same] [iqdb] [saucenao] [google]
8360071

BOUNCED AGAIN ORDER THE HOOKERS GUYS

>> No.8360083

time to break 8k again

>> No.8360127
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8360127

>>8359185
>he didn't short

>> No.8360222

>>8360127
Shorting in this market is playing with fiee. You will get margin called even if it ends up going down

>> No.8360486

Yeah 8k is the new bottom never going lower than this

>> No.8360628

>>8360486
Yeah... Never, r-right guys?

>> No.8360660
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8360660

>>8360628
NEVER

>> No.8360840

>>8360628

yeah never screencap this

>> No.8360943

is this bounce due to lightning network beta release?

>> No.8361217

>>8360222
lol, only if you're a moron and don't take proper size and leverage compared to your equity.
not every try using 100x lev on bitmex

>> No.8361278

>>8360943
lol, no
it's due to natural retracement of extended downward movement. you can't go down forever, you need a few breaks every so often to keep an acceptably sloped downtrend.
if you are looking for a bottom, wait until we start going parabolically down and see a large increase of volume as that signals a market "panic" which due to the exponential nature is unsustainable, and will take an extended bounce on the larger timeframes, panic likely really kick off if we break 5800 low from last major panic

>> No.8361317

>>8361278
>price isn’t affected by real-world fundamental events
>price is totally affected by the magic lines and they’re talking to me
off yourself subhuman

>> No.8361351

Damn this thread came earlier than expected. Translation: This is the new top.

>> No.8361401

>>8361317
>herp derp, chart shows indications of reversal due to MASSIVE news release that EVERYONE is hyped for

again, lol, no. LN beta release is not enough news to counteract all the uncertainty and negative sentiment that has built over the past weeks/months
if this was the case, you would have seen STRONG signals of reversal in the chart as news spread rapidly and changed market sentiment.
signals of reversal are still weak enough to not qualify as full reversal, but only as retracement after just over a day of big losses