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/biz/ - Business & Finance


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10940989 No.10940989 [Reply] [Original]

Bears are tired, and exhausted. Filthy vile creatures. Cmon crash it if you can. I bet you can't.

>> No.10941045

>>10940989
Bull market is defined by RSI support at 50 on the daily charts and higher highs + higher lows. If we breach 8500, then dip while still staying above 6000, then go higher than whatever peak that was, all while keeping RSI roughly above 50, we will have entered a bull market. For reference you can see this ia precisely how Bitcoin performed from 2015-2018.

>> No.10941112

>>10941045
But if bears are scanning the chart with RFID, and discover all the NFC tags, above 7500, there will certainly follow a massive selloff. I would wait until it reaches ATH, people are unaware of the perfect timing.

>> No.10941124

>>10941045
Actual good analysis for once on biz. It will also form a cup in this scenario.
Either that or it was the 3rd dead cat and we will continue going down this time to 5500 or lower.

>> No.10941127

>>10941112
This. Besides indicators are misleading b/c the whales can easily manipulate them. They can get you to buy too soon or sell too soon.