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10008957 No.10008957 [Reply] [Original]

No bounce in sight. We're about to invalidate the "hard support" at $5800-$6000 established during the strong bounce back in February. If that happens there is no end in sight to how low this will go.

>> No.10009001

>>10008957

We'll bounce at 5200-5400.

>> No.10009009

What’s the six-month low?

>> No.10009035

>>10008957
we are fucked

>> No.10009051

it violently bounced off 5900. we're safe

>> No.10009056

Humans and even machines look for nice numbers, anything else is non sense.

5k, 1k. Those are the next supports.

>> No.10009109

>>10009051
"Violently"? Niggah please. It was a tepid response, at best. Volume is in the fucking toilet. Most of it was probably desperate no-lambos like you who think you're accumulating.

>> No.10009283

>>10009056
Bitcoin will never recover if it hits $1k again. Nobody will buy if they know it can drop, and historically has dropped, 95%+ in 6-12 months.

>> No.10009310

oh fuck! were below 5900 , sound the alarms!

>> No.10009331

>>10009283
It could recover depending on new developments. It will take years though, we are not even close to have a real cryptocurrency, let alone a functional real life usable smart contract.

We are just not there and the price MUST reflect that.

>> No.10009362

Been in since $339 and will go down with the ship if necessary. Iron hands lads. We will survive this storm.

>> No.10009363

>>10009051
5879 on GDAX

>> No.10009437

>>10009331

Realistically what average person is going to put their money in something that dropped so much though?

>> No.10009443

Ppl trying to preview this market.. if u take a look at prints from years ago you'll see how retarded they were
Like in the past year, everyone saying it would hit "10k eoy" and It breaks through
Haa, all those pink wojaks threads "if i only had hodl, i would be rich by now"
Remember, this sht always surprise us

>> No.10009489

Insider news, institutions want to agree on a lower bottom before buying in. This bottom is now 4.8k for now.

>> No.10009555

>>10009283
I mean, I'll buy lol.

>> No.10009584

>>10009489
Bottom is 5k. September at the latest. Then moon to new ATH. Screencap this.

>> No.10009720

>>10009362
Go down with then, dumbass.

>> No.10010158

>>10009489
show me your +20x leverage short

>> No.10010187

strong support is 4.5 k

>> No.10010205

>>10009443
>Remember, this sht always surprise us
THIS. REAL NIGGA RIGHT HERE.

>> No.10010258

And 5.8k is broken. 3k here we come

>> No.10010273
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10010273

>>10008957
I can't believe I got caught up in the hype and put all my savings into crypto.

Fool me once, shame on you, fool me twice, can't fool me again.

>> No.10010308

>>10008957
July 6 bouncing over 10k, probably see a flash crash to 4k as reversal after bouncing around 5-6k for a week

>> No.10010419

>>10010308
Based on what? I hope you're right, but for btc to 2x in 2 weeks would require a catalyst.

>> No.10010488

>>10010419
yeah the catalyst is going sub 5k for an easy 2x then cash out and wait for the bottom

>> No.10010795

>>10010488
Sounds comfy

>> No.10010942

>>10008957
you will know that we have reached the bottom when we have stabilized around some level with very low volatiltiy for a few months.

right now, with daily drops of 10% we are nowhere close to that bottom.
expecting it to be in the region of of 4500 maybe.

>> No.10011085
File: 63 KB, 796x559, icxbtc624.png [View same] [iqdb] [saucenao] [google]
10011085

5.4k or 3k?

>> No.10011107

>>10009009
600k

>> No.10011106
File: 70 KB, 959x431, btc.png [View same] [iqdb] [saucenao] [google]
10011106

Woops wrong chart RIP. 5.4k or 3k?