/biz/ - Business & Finance

[Anonymous No.13065594]

It doesn't matter how I look at the chart, all I can see happening is a huge -15% weekly candle, probably happening in one daily candle.

[Anonymous No.13065601]

>>13065594
I mean just look at it!

[Anonymous No.13065630]

>>13065594
>>13065601
What chart are you talking about?

[Anonymous No.13065657]

>>13065594

[Anonymous No.13065664]

>>13065657
look! I-it's going up!

[Anonymous No.13065692]

>>13065657
had to look this up to confirm, that rsi lmao holy crap

[Anonymous No.13065719]

>>13065692
the daily is high as well
we could see a pump to 4200 to make a double top and kill some bears, then dump

[YANGGANGRISEUP !x1kaKKwOVw No.13065815]

Want to hear something funny? there was a lot more buyers in the way down than in the way up, the bear market just started last december.

[Anonymous No.13065855]

>>13065815
You're dumb as hell. The buyers were the same people that were shorting it through futures. The whales play both sides. December was the bottom.

[Anonymous No.13065864]

>>13065855
You aren't worried about the 160,000 Mt gox tokens being released into circulation in the next month or two?

[Anonymous No.13065876]

>>13065855
December was the first phase of capitulation. Market makers need a quick break before taking the rest of your coins

[Anonymous No.13065881]

>>13065864
You’re acting like the first thing people will do after getting their corns is head straight to Coinbase and market sell.

Do
Not
Panic

[Anonymous No.13065921]

>>13065876
The bear market was from Dec 2017 to Dec 2018. Nice to know that there isn't a shortage of people that buy high and sell low though. You selling now just means accumulators gobble up your coins, not mine retard.

[Anonymous No.13065934]

>>13065864
I'm not worried about it

[Anonymous No.13065938]

>>13065881
those peoples lost their coins when they were worth around 200$ and are now worth 20x more
some of these people might be in bad financial situation because of that very hack 5 years ago or for other reason

they are going to receive free money and you're telling me they will just wait for an hypothetical bull run in the next 3+ years after they saw the price drop by 80% in one year ...

[Anonymous No.13065964]

>>13065938
No. The point is that volume of bitcoin could get gobbled up in 1 week, with no problems at all. That's if they all sold in 1 week though. That amount of bitcoin volume has traded in a single day. It's really not that significant.

[Anonymous No.13065975]

>>13065594

Bobo was always the dumbest one in the room.

[Anonymous No.13065997]

>>13065921
Let's check back in soon, shouldn't be long now. The patterns in the data are rhyming, will it rhyme for a third time? Let's see how the black resistance line holds in April. I am DCAing all of 2019 so it matters little to me

[Anonymous No.13066018]

>>13065997
I've also been DCAing. If it went down I could own so much more but I know that's highly unlikely. It's like you think whales are just going to hand over their stack to you for cheap.

[Anonymous No.13066034]

>>13065997
Wait, you're caps lock anon aren't you? Now all of a sudden you change your tune to "I'm DCAing"?

[Anonymous No.13066047]

there's also the interesting fact that coinbase is removing stop order to avoid slippage which could happen during a crash and drop the price way bellow other exchange like eth did in summer 2017
almost as if they were expecting one ...

[YANGGANGRISEUP !x1kaKKwOVw No.13066063]

>>13065855
That makes any sense to you? shorting it with futures and at the same time buying it in the market?
People were bullish in the way up, and they were even more bullish in the way down.
(((They))) profited from shorting futures because all the craze made people take the opposite position, those futures are settled in cash so they had to sell real bitcoin in the markets to pull it down, then people bought "cheap bitcoin" like crazy until they finally exhausted last december.

There is literally no reason why we should go up.

[Anonymous No.13066091]

>>13066034
I am not him, but I think his posts are spot on, well summarized. I disagree with him on him thinking the next cycle is the last

[Anonymous No.13066140]

>>13066091
Sorry, your chart looks just like his. I think he's a moron and a bullshit artist. He stated that bear markets start because of a breach of some EMA. He also said to just ignore the peak that happened in early 2013. He's obviously full of shit. He also was encouraging people to sell and/or short the market. You saying he's "spot on" only makes you look foolish

[YANGGANGRISEUP !x1kaKKwOVw No.13066177]

>>13066063
You niggers don't find odd that the Cboe suspended their bitcoin futures? the cow is milked, the buyers are gone... enjoy the ride.

[Anonymous No.13066255]

>>13066177
The volume at CBOE killed the futures there. The volume at CME is still doing alright though. The big money wouldn't use either of those exchanges to hedge their positions either way.

[YANGGANGRISEUP !x1kaKKwOVw No.13066431]

>>13066255
The low volume just confirm what I said, who is going to take the opposite side of your trade when there are no buyers?
And they weren't hedging, they just used their btc bought a the bottom to crash an unregulated market. Look at the god's wallet thread, they were planning this for a very long time.

[Anonymous No.13066496]

>>13066431
The low volume was for the buyers of CBOE futures alone. That doesn't mean CME or cryptos overall have a low volume. As far as the god wallet thing, it has moved and I have no idea what the implications of that will be or why they moved it. If it crashes cryptos to 0 then that would hurt more than just a few retail buyers on 4chan.

[YANGGANGRISEUP !x1kaKKwOVw No.13066591]

>>13066496
I really doubt it's going to zero, or even 1000, after all you don't want to kill the cow. What's next is a long crab btc market and I think alts will act as if they were decoupled.

[Anonymous No.13066634]

>>13066431
low volume is the reason they make you think.
pumping their bags after killing an opportunity to short, is what they mean.

[Anonymous No.13066652]

>>13066591
I don't think it'll be a crab market although I don't rule anything out completely. Earlier you said that the bear market just started in Decemer. A bear market and a crab market are two different things.

[YANGGANGRISEUP !x1kaKKwOVw No.13066855]

>>13066652
I considered a bull market when people's sentiment was bullish and they were buying lots of coins even when the price was going down. When I say bear market I'm refering to when people sell instead of buying. At this time the accumulation will begin keeping a price high enough to not kill it completely, you can't accumulate if people aren't bearish and selling you their coins. Hence the crab market: people selling, manipulators acumulating for the next cicle and the price just moving sideways.

[Anonymous No.13067003]

>>13066652

[Anonymous No.13067040]

[Anonymous No.13067193]

[Anonymous No.13067355]

>>13065657
if you think the 200MA will save you, think again.

[Anonymous No.13067393]

>>13067355
It has so far

[Anonymous No.13067410]

*pantera starts playing*

You Bitcoin. I choose you to be the first of my victims.

[Anonymous No.13067414]

Bears are the biggest piece of shit. Sure they may be good for the market here and there but for the most part they become delusional and delay riches for everyone. Know when to cover and go long fuck heads

[Anonymous No.13067438]

^w^

[Anonymous No.13067459]

Fuck bears.

[Anonymous No.13067504]

>>13067459
This. Crab market forever.

[Anonymous No.13067634]

>>13066140
Yeah well, that's just like, your opinion man.

[Anonymous No.13067719]

>>13067438
too bad this indicator has repainting issues.