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10643138 No.10643138 [Reply] [Original]

Are there people here who hope that 6k will serve as a support for the 4th time in a row? With those descending highs? That would be a miracle. I've never seen such a trick in my life.

>> No.10643145
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10643145

There is no reversal for a parabolic drop, none that I'm aware of anyways.

>> No.10643151

I'm just hoping they print more tether.

>> No.10643172

>>10643151
The lower we go, the less tether we need.

>> No.10643213

>>10643138
TA is fraud

>> No.10643225

>>10643138
We haven't broken it just yet

>> No.10643235

>>10643225
it may take a few days or even weeks. But it won't hold. There is just now way around it.

>> No.10643245

>>10643235
Bitcoin has a bottom and it’s 6000. Miners would never sell for less.

Fuck off with your fear mongering.

>> No.10643260

>>10643245
Okay but if they won't sell lower and nobody wants to buy then what happens?

>> No.10643268

>>10643235
There are only so many sellers.
I'm wondering if big money is buying OTC then dumping on the open market while shorting and then repeating.

>> No.10643275

>>10643245

>bitcoin can't go lower because muh POW

Lel

People need to buy to keep this shit above 6k. If no ones buying, it's gonna continue going down regardless of how much energy it takes to produce a useless coin that no one wants

>> No.10643282
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10643282

>>10643235
Days or weeks? It's happening in hours!

>> No.10643286

>>10643260
We stagnate for a while?

>> No.10643294

>>10643282
>>10643282
https://youtu.be/ZbR5WcyWl18

>> No.10643295

Now that almost everyone is a bagholder and people rush to sell before others do out of psychological fear, it is over for BTC until we shed loooootsa hands.

>> No.10643301

>>10643245

China can sell profitably sub 1000. Where the fuck are you getting your info? lol

>> No.10643322

>>10643268
>There are only so many sellers.
There are only so many buyers. The reason why it's not the bottom is because we see lower high on each bounce. It means big players aren't buying in at this price, so we don't have steam for the trend reversal. The longer 6k holds, the bigger crash we will see. Last spring I hoped for 5k. Now it's 3k at best with possibility of going to triple digits.

>> No.10643336

>>10643295

Just imagine what will happen when market makers like the winklevoss twins dump (assuming they didn't already)

Shits gonna be obliterated

>> No.10643366

>>10643260
then they will sell for lower and the miners will take a 5% loss rather than a 100% loss by not selling at all.
Then next week the miners will take a 10% loss

>> No.10643394

>>10643366
On the flip side, if the miners can't keep it afloat, the bottom will fall out and this shit will gap down straight to 0 over three ticks.

>> No.10643395

>>10643301
where are YOU getting yours?

>> No.10643415

>>10643395

I mine in China.