/biz/ - Business & Finance

>>8934309
no shit. this happened last year as well. during the summer we saw the markets volatile, but trending upwards. stagnation in the fall followed by massive spikes in november/december

are you sure about that

>>8934309
https://www.youtube.com/watch?v=0rwZeTccJ34

>TA

>>8934543
that is a big line

>>8934543
Far too abundant white space, the majority of the triangle is not completed. Read the 'Crossing' section. It literally says to avoid your triangle

>>8934556

For you.

>>8934600
im okay with this

>>8934722
im also retarded (forgot pic)

>>8934600
you could put the horizontal line on the $8000 dollar line and just call the dip to 6K as anomalous-- then the triangle's white space would be a lot reduced

Friendly reminder that one line on a chart is not analysis

Lol You think your TA work. We're in a manipulated market and just went through a massive short squeeze. Theres no way that pattern has any statistical relevance under current market conditions.

>low volume before the breakout
>already broke trend
>broke trend with that low volume
????????????????????

>>8934957
>had literally the highest daily volume in BTC history, in a single 1hr candle
>low volume

>>8934982
What is a short squeeze

you idiots.
Try looking at a log chart.
Downtrend isn't broken.

>>8934309
you need to review how chart patterns work, pleb

>>8934358
by stagnation you mean gonig from 2k to 4k (disregarding the additional bcash gains)

>>8934543
>This is important: ... Avoid descending triangles with abundant white space.

interpretation F-, please come back next year

>>8935003
Google it you twat

>>8935161
wew lad

>>8934346
Varg is love

>>8934982
>had literally the highest daily volume in BTC history, in a single 1hr candle
What's the point of lying when it's so easily disprovable?

>>8935161

(Obvious)
--------
(You)

>>8934309
isn't this just soros whale looking at the chart and calculating how much is needed to pump out of that triangle and then manipulating the market?

>>8934543
This.

The trend has broken out of the triangle before and it went down 50% from the peak of this "breakout"

>>8934543
>>8935109

Learn to trendline, learn to TA, learn what log vs auto means. Learn that log is what any professional such as myself uses.

>>8935161
What is a rhetorical question?

>>8935880
so were going to 6500?

>>8935933
When is not a question I can answer, How much to pay is. Pay 6500, when it gets there.

>>8934309
hey numbnuts, when we go back down the downtrend line will just be from the latest peak

>>8935880
You like log charts? Me too. Here's a log chart for you anon

>Theyre posting their lines again

>>8936555
TRULY THE GREATEST ASSET OF OUR TIME

>>8936555
Help a brainlet out and tell me wtf I’m looking at? Looks nice

>>8934309
>using linear

You fucking plebs.

Reminder the downtrend is literally over

>>8938653

The erect benis formation

Bought 100k sats

>>8937853
Long term logarithmic growth of bitcoin relative to price. Basically it’s predicted that we’re hitting (at least) 40k in December before the true bear market begins

>>8938698
Um that chart shows $125k in december.

>>8938728
Right it’s actually predicted to be roughly $125k at the peak but I think that’s a little high. You’re correct though

>>8934309
So what now we consolidate for 2 years yeah great fucking thread what a waste of time thanks for letting me know in time so I don't miss the 2 year long fucking dip

>>8936555
Chart is also bullshit. Bitcoin is finished. Why the fuck would people buy bitcoin for 100k? Yeah I get they can by .1 for 10k that's even fucking more insane.

You guys have completely lost your minds and I was here when eth was $7. Absolute deluded. LINKIES are more sensible than this shit.

>>8938815
>>8938728

Make me bellieve we have even a iota of a chance of being that high by december pls

>>8936591
My sides

>>8938862
>The number just LOOKS too big
Absolute brainlet detected. Further, eventually even laypeople will stop thinking in terms of whole bitcoin and will start thinking in terms of sats. At $1MM/btc 1 sat = 1 penny USD.

>>8934309
REMINDER THAT OPS A FAG

>>8938815

For me, accepting that anyone can be so naive is very difficult...So you really believe this market is going to magically go from here to 40k this year, after the massive Fuck around that happened this, people are just going to FOMO in at high prices, even though we all know now, that the price could just tank 70% from there and stay there?

Wow! Fucking idiots!

>>8939020
You could have said the exact same thing hundreds of times by now. In fact, many people did (including you, I'm sure), and now we all laugh at the screenshots. It isn't going to 'magically' get to 40k, it's going to get to 40k after millions of people around the world buy bitcoin, including large-scale investors. Due to the current lack of liquidity in any crypto market pair, it's much easier to pump BTC than any other monetary asset. And that's going to happen. I know it's difficult for you to accept, so take it slow.

>>8934309
Wrong.

>>8934543
this guy fucks

>>8935161
lol

>>8938943
..that actually makes perfect sense lol

>>8939020

>>8934309

>>8936555
trips confirms
kek

>>8939904
Quads confirm too
>check em

>>8939999
HOLY FUCKING SHIT CHECKED

>>8935161
What is autism

>>8936591
Lmaoo

>>8935289
it had the highest volume 1HR candle ever i think. what website is that?

>>8939182
i really hope someone buys my bags when btc hits $1,000,000

>>8939999
WHAT
THE
FUCK

>>8934309
Wrong, downtrend is over once we hit 4-5k, which is despair. We still have quite a few months before Dec pump.

>>8939999
>Quads confirm too
Holy KEK anon, well played. Checked and confirmed.

>>8939999
>>8939999
>>8939999
>>8939999
>>8939999
>>8939999
checked and kekked.

>>8936555
>>8939999

IT HAS BEEN CONFIRMED
HOLY SHIT
THE UPTREND HAS BEEN FUCKING CONFIRMED ALRIGHT

>>8939999

aint nothing but a chickan wang

>>8934309
It's a trap, despair is 3-5k, once we hit that we'll see a reversal and then a pump Nov/Dec. It ain't rocket science, kids.

market manipulation goes both ways
>oh noes

>>8941419
I've been expecting this for the past few weeks, but I'm still holding.
Maybe this time it won't happen, r-right?

>>8941535
>Maybe this time it won't happen, r-right?
Oh anon, when will you learn...?

>>8934309
Reminder that you literally can't TA
We were rejected at log resistance last time and we will be rejected again

>>8941535
I would be more worried if we were at 8.1k in October, that to me means it would keep going up up, but mid April? Nah.

>>8939999
absolutely checked.

>>8939999
checked kekd your mom fuckd

>>8936591
kek

>>8939999

now try switching to LOG charts and look at your trendline again

lol you fucking noobs are going to get so rekt

>>8941570
I agree that we're still in a downtrend, but can you please explain to me the reason why logs are more useful?

>>8942133
because the work better for long term charts

use LOG for 1D/1W charts
don't use log for anything sub 1D

this is the real trendline

https://prnt.sc/j6bxui

>>8942139
Thanks for the explanation. So it appears we haven't even broken through the downward trend line when we look at the log scale.

>>8935926
google it you twat

>>8939999

>quads
>green tag


P R O F I T S
R
O
F
I
T
S

What happened to that oracle tripfag who was saying BTC will be 11k at the end of march based on his TA and it never reached that

>>8942356
shhh
buy nuls

>>8939999
Witnessed!

>>8936591
this
get a job faggots

>>8939999
wew laddy

>>8939177
what a time to be alive

>>8939999
Witnessed

It's not over until the true king wakes up.

>>8935289
He said 1hr, not daily, numbnuts

>lines

What is the point in these threads

Nobody ever agrees, it's all just opinions

>>8939020
This has been said 100+ times.
Are you actually this stupid of a nigger?

>>8942356
shhh relax skimpleton

>>8934309
Lol. Roger milking all the BCash Baghodlers monies with micro pumps.