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File: 57 KB, 1288x514, btclog.jpg [View same] [iqdb] [saucenao] [google]
9000196 No.9000196 [Reply] [Original]

This is unironically critical for BTC. Either major breakout coming or dump back to 6500. Prepare your anuses either way. This is log scale meme line btw. daily RSI almost 60.

What do you think? I think 66% chance of going down, 33% for another up if somebody really burns some more money to push it thorugh, which is also not unlikely to create massive FOMO.

>> No.9000218
File: 81 KB, 1449x889, just the tip.png [View same] [iqdb] [saucenao] [google]
9000218

>Just the tip baby, I promise.

>> No.9000281

>>9000196
just went 40% btc and 60% usdt upon reading your post, did i do good op?

>> No.9000297

>>9000281
I don't know yet. Nobody does. But you will see at the end of the day. But this time it is unironically critical (at least for the next days to weeks).

>> No.9000302

>>9000196
what number do we need to break, sir

>> No.9000311

>>9000302
8700

>> No.9000314
File: 56 KB, 1240x668, traptraptrap.png [View same] [iqdb] [saucenao] [google]
9000314

>>9000196
The next 12 hours are absolutely crucial for Bitcoin.

>> No.9000318

>>9000311
thanks for the needful

>> No.9000322

>>9000302
A daily close above 8550 would be good, 9000 would be better

>> No.9000353

>>9000196
>either it's gonna go up or it's gonna go down
Thanks for the insight you massive fucking faggot

>> No.9000380
File: 56 KB, 645x729, 1520449551936.jpg [View same] [iqdb] [saucenao] [google]
9000380

>>9000353
>too dumb to realize when it is going up or down according to the chart but shitposting no matter what

>> No.9000455

this is true. i sold at 8000 and im not even mad. I plan to rebuy if btc closes above 8700 or rebuy if it falls below 6000. This is a win win. Yeah if it pumps above 8700 i've lost some btc volume, but then it's safe to say we are in a bullmarket and i can make up for the lost btc volume in a matter of days. If it doesn't break the resistance, ive mad a good call and kept my $ value and can strengthen my btc volume. :) good call op.

>> No.9000493

>>9000455
Yeah, similar reasoning here. Missing out somewhat to reduce the gambling is always worth it I'd say.

>> No.9000499

gotta add tho; Whales are known to push it hours before a huge sell off/pump. So Don't rely to much on the line. Remember te last pump from 6500 to 7700 in a matter of hours? BTC broke a trendline and fell 200 dollars, people opened shorts and guess what PUUUMp it.

>> No.9000512

>>9000000

>> No.9000639
File: 553 KB, 1278x1080, 032.png [View same] [iqdb] [saucenao] [google]
9000639

>>9000196
if you say so anon

>> No.9000715

>>9999999

>> No.9000733

>>8999999

>> No.9000810

>>9000196
nice to see someone else paying attention.
feeling good that the downtrend could soon be really over.

>> No.9000996
File: 78 KB, 1439x911, I promis i'll be gentel.png [View same] [iqdb] [saucenao] [google]
9000996

>Shhhhh baby, I'll be gentle

>> No.9001014

>>9000196

>TA

FUCK OFF

>> No.9001022

perma-bears fucked beyond repair

>> No.9001059
File: 146 KB, 1296x1458, 1523561137131.jpg [View same] [iqdb] [saucenao] [google]
9001059

>>9001014
>doesn't recognise major long term resistance/support levels

FUCK OFF

>> No.9001091

>>9000196
expect very light fluctuations for the next two weeks. it's going to hover around the mid 8000s if circumstances remain normal. May will be a good month and the start of something special.

>> No.9001146

>>9001091
stay level is the one thing its not gonna do

>> No.9001304

>>9000499
NO TRENDLINE HAS BEEN BROKEN.
There’s only one downtrend line in BTC and it’s that seen on OP’s chart. By the way, those retards on trading view using linear chart on fast moving assets are either dumb or malicious.

>> No.9001350

>>9001304
Yep agreed...i switched to log 15 days ago...everything makes so much more sense on log

>> No.9001367

>>9001304
Also, the support line seen on OP’s chart (correctly) in addition to the downtrend line form a fucking gigantic bullish penant, the very same one seen in 2013.
Ps. There’s a second support line very close to the main one. A fake brake down of the main one is possible to fool the majority.

>> No.9001378

>>9000196
So much tension right now in the market. There will be a big move soon. No idea which way, so... a 50/50 from me

>> No.9001399

>>9001304
i didn't mean a downtrend was broken, i was trying to say btc broke down a support line and every indicator/memeline suggested a sell off, but instead we got the biggest candle up in weeks. My point is, this is becoming a game for whales and shorthunters

>> No.9001484
File: 114 KB, 1136x640, 80718611-D0A0-4DD6-BFDF-2812C9B4F821.png [View same] [iqdb] [saucenao] [google]
9001484

>>9001399
Well, no support line has been broken either. There’s only two. The main one is stronger

>> No.9001534

>>9000639
Are you implying that OP does *not* deadlift?

>> No.9001563

>>9001399
In any case, here’s the point:
Do not use linear charts for crypto, use log. If you do, you’ll find the the movements are clear and there’s far less noise than any other market.

>> No.9001702

>>9001399
One more thing on this “whales” stuff. Take a look a my chart or OP’s chart. Now look for that 12k move from 6k. Most people looking at linear( incorrectly ) thought there was a break out of the downtrend line at around 11k and then blamed the sell of on “whales” randomly picking a number to dump the shit out of BTC. Well, that’s wrong, what actually happened was we touched the real downtrend line and got rejected, causing a massive sell of again only to stop at the support line again. Normal market ( human and bots ) behaviour.