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/biz/ - Business & Finance

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10127024 No.10127024 [Reply] [Original]

Can someone neutral , not manipulating for their own gains, say if it's legit going bull? I shorted at 6k and about to FOMO back.

>> No.10127035

>>10127024
You want some neutrality?
Nobody can predict the market
If someone tells you it’s going bear or bull they’re talking out of their ass

>> No.10127038

>>10127024
I'm flat. Risk reward isn't good enough either way right now. You're better off out of the market and wait to see how this resolves.

>> No.10127043

>>10127024
It's going back down.
$4,2000 is around the bottom. Bull run starts mid 2020.

>> No.10127052

>>10127035
It’s gonna bull

>> No.10127060

>>10127024
I'm the closest thing to neutral you will find because I sold it all and I'm never buying again. Crypto is dead. It's going back to $4000 probably by next week. I'm sure of it because that's what always happens every time /biz/ is sure we're in a bull market again.

>> No.10127071
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10127071

>>10127024
it is, but you won't see new fomo run for the next few months, will this answer suffice?

>> No.10127080

Long term is appears that it's going to continue to go down. Volume has largely dried up and now it's just market makers and wash trading bots fighting over the scraps of normalfag money that's left here. The market moves wherever they want it to, but they can't make there be enough buyers to actually reverse the trend we have going permanently

>> No.10127084

>>10127024
my 2 cents, there needs to be an actual catalyst to start a bullrun. Absent any really "game-changing" or controversial news (good or bad) it will continue the trend it has been on.

just my opinion, no one can be sure.

>> No.10127152

>>10127084
The catalyst is institutional money.

You will start to see wallets like this: https://bitinfocharts.com/bitcoin/address/183hmJGRuTEi2YDCWy5iozY8rZtFwVgahM

>> No.10127181
File: 173 KB, 1640x898, trend change.png [View same] [iqdb] [saucenao] [google]
10127181

looks bullish to me

>> No.10127204

>>10127181
>Doing TA in a market with such low volume that it's prone to easy manipulation

>> No.10127211

Its not bull until 12k. We're back up to where we were less than two weeks ago. You call that a bullrun? We can easily drop from here

>> No.10127239

>>10127204
>Only starting the analysis after the highest point of the asset value>>10127204

Sure there are retards in here man

>> No.10127246

If you are not holding better wait for confirmation or buy with tight stop loss for fuck sake its there for a reason

>> No.10127252

>>10127024
It's going to bart, but it could peak at 7400 before it does. tbqh

>> No.10127255
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10127255

>>10127181

>> No.10127258

fucking normies and their short attention spans

>> No.10127270

>>10127258
>Reeee why don't they keep buying into the ponzi

Crypto only becomes not a ponzi when it starts getting real usage outside of crypto exchanges and darknet. When (or if) that happens normies will flock to it and stay

>> No.10127279

>>10127024
Sorry anon, no bulls until 2020

>> No.10127303

>>10127255
that's just how the lines on that chart work m8. you can't see how the lines chart the resistance?

>> No.10127321

>>10127279
This. Mid 2020's, all the smart anons know what's the catalyst for the next bullrun.

>> No.10127329

>>10127321
does it rhyme with stinky

>> No.10127331

>>10127303
That's one of the shittiest TA analysis I've ever seen bro. No offense, but you're taking into account the bullrun only.

>> No.10127341

>>10127329
No

>> No.10127348

>>10127024

define bull?
Up from here? maybe. nobody knows how far. i predict a test of 7k at best before a pathetic drop in volume and back all the way down to 5-5.4k.

then reversal if we get good momentum. if not, samea s alays, trend down. its simple as that. down trend till bulls gain momentum. that may be simple as manipulators deciding its time.

>> No.10127349

>>10127024
Sentiment seems to have turned bullish. Check twitter anon and see what the retards over there aresaging. TA is a meme.

>> No.10127385

>>10127331
it looks like it could bounce again. that is all I'm saying. This week should be bullish, but I'm not saying it's going to break 8k.

>> No.10127465

>>10127024
are you saying you're net short at what could be the bottom?

DCA from 6k to 0 if you believe in the longterm success of the tech. short every bounce if you dont

>> No.10127496

>>10127465
more that I hit my personal stop loss and then moved out, then it rocketed back.

>> No.10127545

>>10127385
The general trend when you take into account the whole life of BTC is down, you can't just ignore the previous information and historical resistance levels.
The bounce would be extremely short lived.
But if you mean a dead cat bounce, yeah. I could see it happen like the one we had at the beginning of the year.

>> No.10127571

>>10127024
dude, same. i've been following that retard tone vays and was hoping to scoop up some 5k btc. bout to fomo back in too. pls help

>> No.10127607

We have had 3 days of good news ahead of 6 months of losses. It's still clearly a bear market, but I do think we've hit the bottom.

>> No.10127625

>>10127545
yes, you see how it bounced after testing resistance in feb and april. it looks like it's bouncing again. good buy and short opportunity imo

>> No.10127627

>>10127252
7100 but this

>> No.10127653

>>10127571
>retard tone vays

thats pretty disrespectful dude. he bet 10k on his TA that we would go below 6k when it was like 9k and everyone was mega bullish

>> No.10127687

>>10127024
I wouldn't play it short term.
All this bart manipulation nonsense makes it unpredictable to me.

All I know is that there are players calling for $100k to $1M btc in some date like 2020, and it looks on the daily chart like a total bargain, as it seems we are near the low end of the price range.

I'd just keep buying and holding for that eventual bull run even if it goes lower still short term.

>> No.10127908

You will find out in a few months, just keep waiting if you afraid to take risks. Otherwise just buy half now and half later if we truly are in a bull run

>> No.10128259
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10128259

>>10127024

in the last few days of bitcoin trading we've seen 3 isolated bull moves on high volume. these could be caused by institutional scale players starting to build long term BTC positions, and that signals that (at least in their minds) we're at or near the bottom of this bear market.

If you've the time and risk tolerance, now would be a good time to start buying dips but i don't feel comfortable telling you to buy right now, after those un-corrected aforementioned bold bull moves, however it does appear that lots of high margin long-positions are accumulating around 6,6 so that means alot of smart money thinks it's time to fly.

tl;dr: it's a mixed & risky bag right now, stay away until a new trend has established itself unless you just want to take a few low cost, high-leverage shots in the dark for a cheap thrill.

>> No.10128273

>>10127321
halvening

>> No.10128301

>>10127024
>I shorted at 6k
Why do you retards keep shorting in a bull market?

>> No.10128372

>>10127024
Ahahahaha. He shorted at 6k. Hahahahaha

>> No.10128404

>>10127024
Global markets are having currency problems. This will result in a need to transfer money around. A lot of these companies have capital restrictions, so something like crypto can help get around these restrictions. The gains won't be high fast, but will gradually gain.

>> No.10128439

>>10127152
My god it’s full of stars

>> No.10128455

>>10127024
If it doesn't go back to a bull market in 6-7 months at the latest then we're fucked.

>> No.10128473
File: 24 KB, 882x475, BTC.png [View same] [iqdb] [saucenao] [google]
10128473

>>10128455
>If it doesn't go back to a bull market in 6-7 months at the latest then we're fucked.

Why?

>> No.10128503

>>10127024
Ask this question EVERY TIME you don't know the answer to this:
>Has anything changed dramatically that would indicate an upward momentum?
Current Answer: No
Just rumors ATM. The only somewhat meaningful news is the Coinbase Custody. But it is still new, and it will take time before we know for sure if there is any real interest.
In other words, going in now is probably not a good idea, as there is still time to get in if it does start ascending quickly.

>> No.10128530

>>10128503
ETF and ETH futures coming in the next few weeks. just remember what i said today.

>> No.10128731

>>10128473
Because he's impatient, that's why.
Good to know that these guys will be shaken out before 2020.

>> No.10128745

>>10127024
legit going bull

>> No.10128821

>>10127035
This, but it's going bull

>> No.10128925

>>10127024
I think this is about as bullish as a dead cat can get.