[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]

2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

File: 207 KB, 1743x925, 1543848852629.png [View same] [iqdb] [saucenao] [google]

11999973

The Bottom is $1163 Anonymous Mon Dec 3 23:08:54 2018 No.11999973 [Reply] [Original]

If we look back through history, we can see that BTC made a high in April of 2013. That high was then surpassed into November of 2013, then price fell back down, eventually testing the April 2013 high as support (pink trendline ) for an extended period of time, into October of 2015. Since then, BTC has made new all time highs, but it has never returned to test the November 2013 high (blue trendline ) for support, the way it did for the April 2013 high. So, I think there is a technical likelihood, that we could be in the process of doing that at this very moment. In other words, BTC could be headed to test the $1163 level for support, and that may be where we finally find a floor in this bear market, should the November '13 high hold support the way the April '13 high did. That means that we could witness another 70% decline, before the crypto market finds a floor.

>>	Anonymous Mon Dec 3 23:09:54 2018 No.11999981 nah

>>	Anonymous Mon Dec 3 23:10:01 2018 No.11999982 you are correct

>>	Anonymous Mon Dec 3 23:10:29 2018 No.11999987 Stinky LINKIES

>>	Anonymous Mon Dec 3 23:11:18 2018 No.11999991 >>11999987 link $1000 eoy tho

>>	Anonymous Mon Dec 3 23:11:58 2018 No.11999995 >>11999991 Link 0.1c eoy

>>	Anonymous Mon Dec 3 23:26:47 2018 No.12000120 >>11999973 What's the timeline here? 24 hours? 48 hours? Next week/month/year? I NEED TO KNOW!!!! Also, what happens to BSV? > thank you based TA bear

>>	Anonymous Mon Dec 3 23:30:36 2018 No.12000148 A 95.2% retracement? Nice, then we'll see who really has faith and who needed just a little more pain to capitulate.

>>	Anonymous Mon Dec 3 23:30:57 2018 No.12000152 BTC is doomed: >>11997165

>>	Anonymous Tue Dec 4 01:02:12 2018 No.12000735 File: 13 KB, 480x360, hqdefault.jpg [View same] [iqdb] [saucenao] [google] >>11999973 lmfao no

>>	Anonymous Tue Dec 4 01:06:38 2018 No.12000774 >>11999973 technical analysis does not work for crypto

>>	Anonymous Tue Dec 4 01:30:12 2018 No.12000895 >>11999973 the whole concept of drawing squiggly lines on a log chart to predict anything is one of the best things to ever come out of crypto

>>	Anonymous Tue Dec 4 01:35:23 2018 No.12000931 >>11999999

>>

Anonymous Tue Dec 4 03:10:57 2018 No.12001442

>A monthly closing below 2950 will confirm the long-term trend is turning down. A year-end closing below 4150 will point to a drop back to 775 area.
thoughts?

>https://www.armstrongeconomics.com/world-news/cryptocurrency/bitcoin-the-end-of-cryptocurrencies/

>>	Anonymous Tue Dec 4 03:12:36 2018 No.12001452 also this is scary desu >https://www.armstrongeconomics.com/world-news/cryptocurrency/central-banks-looking-at-creating-their-own-cryptocurrencies/

>>	Anonymous Tue Dec 4 03:15:39 2018 No.12001464 Might b

>>	Anonymous Tue Dec 4 04:42:30 2018 No.12001957 >>11999973 3144 (wick to 2950) 200 weekly ma + 1.618 fib retrace

>>

Anonymous Tue Dec 4 04:48:57 2018 No.12002002

>>11999973
that the same talk like last year to the fucking date

BITCOIN TO 200k , moon , we goona do 500k , milion hodl

> insta dump

now in the mid bear market

BTC deeeed SV tru bitconeeect , it is oveeers aaaaAAAaaaaaaaaA pfpffppftppf

it is goint to 2k no 1k no no no 500 AAAAAAAaaaaaaasAAAAAAA

fuck offff

>>	Anonymous Tue Dec 4 04:53:43 2018 No.12002025 >>11999973 >magicpoopcannon

>>	King Whale Tue Dec 4 05:42:48 2018 No.12002299 File: 46 KB, 465x407, 6B29D98A-76A2-48A6-B82C-CD8C9E2F3466.jpg [View same] [iqdb] [saucenao] [google] >>11999973 sips yup, rather than sell my BTC at $6k or $4k I’m gonna wait until $1163.

>>	Anonymous Tue Dec 4 08:10:25 2018 No.12003216 This is from MagicPoopCannon who has been pretty spot on so far. Check out this prediction from him. https://www.tradingview.com/chart/BTCUSD/5S05LLgp-Play-By-Play-Analysis-While-Bitcoin-Walks-The-Tightrope-BTC/

>>	Anonymous Tue Dec 4 08:43:42 2018 No.12003415 File: 289 KB, 1786x835, 1543362097769.jpg [View same] [iqdb] [saucenao] [google] I prefer this prediction

>>	Anonymous Tue Dec 4 08:55:15 2018 No.12003498 >>12000774 you clearly have no idea how well it works.

>>	Anonymous Tue Dec 4 08:56:18 2018 No.12003508 >>12000148 nope a 61.80% retracement

>>	Anonymous Tue Dec 4 08:57:27 2018 No.12003520 >>12000152 Segwit will kill BTC Satoshi craig wright warned us about this. This is the reason why Bitcoin SV exist This is the reason why Satoshi is gonna reveal himself in 28 days.

>>	Anonymous Tue Dec 4 08:57:42 2018 No.12003523 >>12003508 You might want to refresh your knowledge of basic math.

>>	Anonymous Tue Dec 4 08:59:43 2018 No.12003533 >>12001442 just a few meme-lines, no real T.A to back it up

>>	Anonymous Tue Dec 4 09:01:13 2018 No.12003548 >>12002002 This. Bearfsgs are just as deluded with their price predictions and only post projections they wish would happen

>>	Anonymous Tue Dec 4 09:04:00 2018 No.12003573 >>12003548 you're new to crypto, let me guess december 2017? We had a 2 year long bullrun before Bitcoin peaked on Jan 2018. 50% correction would be somewhere around 2k That is fair since majority of us bought around $250-300

>>	Anonymous Tue Dec 4 09:05:28 2018 No.12003586 >>12003508 You might want to measure the start of the trend November 2015 till the end of the trend Jan 2018. A 50% retrace would be around 2k

>>

Anonymous Tue Dec 4 09:09:23 2018 No.12003619
File: 123 KB, 2115x864, 50.png [View same] [iqdb] [saucenao] [google]

The oldfags on this board know. Because they bought at the start of the 2 year long bullrun.
The newfags who bought in late-2017 bought during the peak and they are going to pay a heavy price.

50% = $2000
61.80% = $1200

>>	Anonymous Tue Dec 4 09:11:31 2018 No.12003636 >>12003619 Am i deluded for wanting the 61.8% to happen? Cant wait

>>	Anonymous Tue Dec 4 09:15:23 2018 No.12003668 >>12003216 > spot on he is one of my anti-indicators

>>	Anonymous Tue Dec 4 09:20:51 2018 No.12003721 >>12003636 We might not see another bullrun because Craig found a fatal security flaw in segwit.

>>	Anonymous Tue Dec 4 09:26:58 2018 No.12003764 >>12003619 Saying “oldfags” and “newfags” doesn’t make your shitty prediction any less wrong

>>	Anonymous Tue Dec 4 10:31:12 2018 No.12004308 >>12003721 Good job outing yourself.

>>	Anonymous Tue Dec 4 10:48:09 2018 No.12004461 >>12001452 it's not scary. i have told you retards a hundred times already in the past years, if central banks adopt crypto it will be their own and you are not invited to hold mine or validate it.

>>	Anonymous Tue Dec 4 10:49:56 2018 No.12004482 >>12003721 >implying the man is capable of finding his own ass

>>	Anonymous Tue Dec 4 11:03:11 2018 No.12004568 >>12003573 >Bought around $250-300 Hello, newfag

>>	Anonymous Tue Dec 4 11:16:27 2018 No.12004681 Litecoin is the new bitcoin

>>	Anonymous Tue Dec 4 11:27:36 2018 No.12004769 >>12004568 If you bought under 250$ i hope you re rich or go kys

>>

Anonymous Tue Dec 4 11:34:35 2018 No.12004829
File: 140 KB, 800x600, 1520935169772.jpg [View same] [iqdb] [saucenao] [google]

>>11999973
>posting a magicpoopcannon TA on /biz/
first of all, lmfao do your own TA it's not that difficult. second, this is the guy who called a "giant inverse head n shoulders" around 12k that would "spark the next bullrun"