[ 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


View post   

File: 47 KB, 1253x412, GHHGTRZ.jpg [View same] [iqdb] [saucenao] [google]
16369014 No.16369014 [Reply] [Original]

the next hours are unironically critical for btc
we have reached a potential 1 year support from november 2018 right before btc plunged down to $5k, $4k and eventually to $3k
there is a really high probabilty that this is the bottom, if btc manages to hold the line and flip it into support, but if it doesnt oh boy you can go as pink wojak next halloween
will you buy this dip or do you think we will dive straight into the abyss?

>> No.16369020

>>16369014
Going to $1k. Bitcoin has nothing going for it right now

>> No.16369023

>>16369014
the dump is parabolic you know what happens next

>> No.16369037

>>16369023
Actually I have no clue.

>> No.16369043

>>16369014
the 6.4k is not support anymore. dont expect it do be considered serious support. right now we are testing the bottom of the parallel channel from 14k, if we break down its open air till 4.9k-5k

>> No.16369048
File: 96 KB, 1200x662, DihNITxVMAAtXV_.jpg [View same] [iqdb] [saucenao] [google]
16369048

>>16369037

>> No.16369343

>>16369023
You only see parabolic dumps in bottom of the pissbowl tier shitcoins without enough volume or liquidity to sustain continuous sell orders. The outcome is unknown but only in the sense of how far will it fall.

>> No.16369357

>>16369343
in 2019 bitcoin has literally no liquidity.
https://data.bitcoinity.org/markets/books/USD

>> No.16369383

>>16369357
So that means it will pump fast?

>> No.16369395

>>16369383
that means someone with mere 8k bitcoins can dump the price by 10%

>> No.16369422

>>16369357
Whew lad bitfinex pulled almost all of their orders

>> No.16369458
File: 2.58 MB, 320x246, Eyt8eq[1].gif [View same] [iqdb] [saucenao] [google]
16369458

I'm so excited! I've been out of crypto since jan 2018, I totally missed the dump to 3k we had a year ago. If I can get cheapies for that price I'm gonna be happy~

>> No.16369461

>>16369395
>Dude dumping 48M dolars at market price will make bitcoin drop 10%!!!!
Ok

>> No.16369542

This aged well

>> No.16369564

>>16369542
there are 1800 bitcoins generated everyday out of thin air and miners cannot even pay their electricity bill with the current price

>> No.16369569

>>16369542
?
we are right on support

>> No.16369973

>>16369357
All the fiat gateways got killed.
The only volume left is derivatives and tether wash trades

>> No.16370061
File: 663 KB, 3956x1878, Screen Shot 2019-11-25 at 12.36.01 AM.png [View same] [iqdb] [saucenao] [google]
16370061

>> No.16370092

>>16369023
>you know what happens next
Yes I do. The harder you compress a spring, the higher it will bounce.

>> No.16370105

>>16370061
this
w-we still mooning bruh
you just had to buy 11 years ago

>> No.16370123

>>16369357
Neat

>> No.16370131
File: 44 KB, 1080x1134, 1574663300793.jpg [View same] [iqdb] [saucenao] [google]
16370131

>>16369395
Who would do such a thing?

>> No.16370148

>>16370061
Zoom out

>> No.16370225
File: 724 KB, 875x1748, tilted.png [View same] [iqdb] [saucenao] [google]
16370225

>>16369048
looks a bit like homer simpson

>> No.16370247

>>16370225
KEK

>> No.16370259

>>16370225
Lmao

>> No.16370269

>>16370225
AYY CARAMBA!!!

>> No.16370284

>>16370225
First kek of the day, thanks anon

>> No.16370304
File: 14 KB, 480x360, 1388625644356.jpg [View same] [iqdb] [saucenao] [google]
16370304

>>16370225
https://www.youtube.com/watch?v=ZVG4EfB0gxw

>> No.16370525

>>16370225
Top fucking audible kek

>> No.16370632

If this would be the bottom, it wouldn't be so bad actually for the longer term view. But if we go under $6k idk what to do man, probably kill myself

>> No.16370641

>>16370632
The mere fact that everyone is saying $6k is the bottom is making me really afraid. That means it probably won't be the bottom. But that the bottom is going to be lower than that. We need irrational bobos calling for $2k as the bottom now, than we will know we have reached the actual bottom

>> No.16370687
File: 593 KB, 3950x1784, Screen Shot 2019-11-25 at 1.51.49 AM.png [View same] [iqdb] [saucenao] [google]
16370687

kek'ed

>> No.16370697

>>16370641
5,5k is the bottom

>> No.16370699

>>16370641
There are already some calling for sub 3k.
none of these are indicatirs in the slightest.

>> No.16370723

I've beening saying for 2 years until TA fags are gone crypto is dead, you still have fools in the space, they need to leave

>> No.16370730

>>16370723
so shoo

>> No.16370763

>>16369458
Hope it takes everything else down with it. Gonna go shopping next year if so. I’m in this for the long run, don’t care about prices before 2025.

>> No.16370799

>>16370687
Fractal bubble, but getting smaller.

>> No.16370843

>>16369395
how long have you been in bitcoin to say mere 8k

>> No.16370876

>>16370131
yeah i know, is it time already? i thought this would occur after trust opened.

>> No.16370888

>>16370843
circulation supply of bitcoin is 18 million

>> No.16370938

Link OG here. There are a lot of gamblers in my country buying at this prices, real bottom will be a price that hold for a few weeks.

>> No.16370976

>>16369564
> generated out of thin air
> miners
> electricity

Ask me how I know you're an idiot

>> No.16371004
File: 276 KB, 3950x1784, 1574668338933.png [View same] [iqdb] [saucenao] [google]
16371004

Hmm, really makes you think.

>> No.16371015

>>16369014
Spoiler: the support line breaks, you all short *100 and the thing bounces back to $9,999 ten minutes later and you all get liquidised, just like always.

Play safe kids.

>> No.16371020

>>16371004
This anon gets it.

>> No.16371027

>>16371004

do you think we are some kind of retarded faggots?

>> No.16371057

>>16370092
>>16371004
Damn even the individual bars look the same. Guess this is legit.

>> No.16371068

>>16371004
D E L U D E D
E E
L L
U U
D D
E E
D E L U D E D

>> No.16371075

>>16371057
I thought the frame and the lines were enough for even the thickest person alive. You proved me wrong.

>> No.16371081

D E L U D E D
E..................E
L...................L
U..................U
D..................D
E..................E
D E L U D E D

>> No.16371156
File: 2 KB, 125x125, 1528749255198s.jpg [View same] [iqdb] [saucenao] [google]
16371156

>>16369014
Panic sold 1 BTC. Used to have 2 BTC. One bought at the near bottom, the other bought with a loan at 11k. Now I'm only 2k in debt, yay. I can work off 2k debt. The last Bitcoin that I have I am going to hodl into an early grave. It's either 0 or 1M.

>> No.16371216

we're going to $2k or a bit lower and fly to the moon when the economy crashes.

>> No.16371620
File: 238 KB, 606x595, 1571695195455.jpg [View same] [iqdb] [saucenao] [google]
16371620

>>16370225
include me in the screencap desu fampai

>> No.16371907

>>16371004
If your fractal plays out that puts the next bull run up to around $60k. Would be nice. Hopefully so. I'm more into precious metals but I think the two will rise in tandem.

>> No.16372831

>>16371907
It's shopped anon...

>> No.16372879

>>16372831
No it is not.

>> No.16372912

>>16370632
killing yourself over money

>> No.16372932
File: 46 KB, 1183x703, Screenshot_12.png [View same] [iqdb] [saucenao] [google]
16372932

we are indeed at a critical point

>> No.16372948

>>16369014
I don't have to buy at the exact bottom. I'm willing to lose some gains to avoid major losses. I'll wait to see how this plays out.

>> No.16373597

>>16371081
D E L U D E D
E - - - - - - - E
L - - - - - - - L
U - - - - - - - U
D - - - - - - - D
E - - - - - - - E
D E L U D E D

>> No.16373664

>>16370697
More like 4400ish

>> No.16373725

>>16371004
What year was that?

>> No.16373769

>>16370225
we've seen Homer we've seen Bart. Cant wait to see Marge.

>> No.16373790

>>16370061
if anything support is at 6400 not 6600

>> No.16373810

>>16370723
yeah its dead to you because you get outsmarted by them and lose money. caveman IQ

>> No.16374721

>>16369014
You have to be dumb to not see it is going sub 3k

1500$-200$ is about right

>> No.16374791
File: 118 KB, 708x633, 1572922663292.jpg [View same] [iqdb] [saucenao] [google]
16374791

>>16371004
Correlation definitely implies causation

>> No.16374893

>>16370225
The Simpsons posting is getting out of hand

>> No.16374935

>>16371004
kek. people actually fell for this

>> No.16374986
File: 255 KB, 1548x809, 546.jpg [View same] [iqdb] [saucenao] [google]
16374986

>>16374721
200WMA : Am I a Joke To You?

>> No.16375090
File: 46 KB, 984x629, Annotation 2019-11-26 022118.png [View same] [iqdb] [saucenao] [google]
16375090

Use Gann fan, first point from 20k top, second point to bottom 3k you'll get perfect symmetry triangle of what's happening since 20k to 14k run.

>> No.16375121

>>16374986
Yeah dude you are

>> No.16375125

>>16370225
He's clearly saying "D'oh!"

>> No.16375368

>>16373810
Like I said once people like you fuck off to something else noone will allow you to enter or exit...

>> No.16375413
File: 698 KB, 1005x410, 1254578.png [View same] [iqdb] [saucenao] [google]
16375413

>>16370225
wow