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24716812 No.24716812 [Reply] [Original]

If bitcoin is so bullish like people say, why does it keep going down?

>> No.24716854

>>24716812
its not bullish crypto in general is about to shit the bed

>> No.24716914

>>24716812
dumb weeb

>> No.24716933

>>24716812
bullish selling

>> No.24716954

>>24716933
price is going down...uh thats actually bullish

>> No.24716997

>>24716812
because bullish assets also go down at times

>> No.24717000
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24717000

>>24716954
this is bullish

>> No.24717076

>>24717000
i mean its a nice reversal candle on the 15 minute but its still going way lower

>> No.24717258

>>24717076
ah man i love being right

>> No.24717430
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24717430

>>24716954
>price goes up
>this is bullish
>price goes down
> this is bullish
Wow, we can't lose!

>> No.24717436
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24717436

>>24717258
this is bullish (lmao)

>> No.24717500

>>24717436
14000 sonething euros per 17000 something dollars?
Did the dollar go down that much?
Yikes

>> No.24717506

>Grayscale Gained Over 100,000 ETH in Past 24 Hours, Acquired 1,276 Bitcoin Yesterday
Follow the smart money and ignore the weak handed newfaggots.

>> No.24717522

>>24717500
yeah it went from €0.90 to €0.85 and now to €0.825

>> No.24717537

>>24717436
is that another reversal candle? oh fuck i better max out the leverage here this is IT

>> No.24717540
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24717540

Everything is bearish in the long run.

>> No.24717554

>>24717506
this

>> No.24717588

>>24717506
i hate to break it to you buddy but even the so called smart money makes very dumb decisions quite often

>> No.24717603

>>24717588
I hate to break it to you but smart money always wins

>> No.24717639
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24717639

>>24717603
smart money aka ME

>> No.24717654

>>24717603
oh yes sir you are completely right lets all long btc and eth right now with maximum leverage... no stop losses because we're all very smart

>> No.24717727

>>24717506
Its actually scary how rich we're going to be in 2 years

>> No.24717733

I'm feeling so bullish tonight, I'm going to sleep comfy. see you tomorrow.

>> No.24717741
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24717741

>>24717727
10 months

>> No.24717744

>>24717654
>dumb newfag thinks that being bullish means that line always goes up

bulls are in control even if it dips to 14-15k I suggest for you retard to learn the basics

>> No.24717776

>>24717744
u sound mad breh did you poo poo your pants a little bit while typing that?

>> No.24717780
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24717780

Seriously though, it's probably not a great idea to start investing here, right?

>> No.24717799

>>24717780
Nah wait for 13K

>> No.24717815

>>24717506
>smart money
they had 12 years and they are buying at ATH
that's not smart money
that's fomo

>> No.24717823

>>24717500
Yeah i was wondering wtf was going on when /biz/ was euphoric for 20k and I was sitting looking at a random 16.2k€

>> No.24717854
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24717854

Dad has to recharge, hon.

>> No.24717937

>>24717815
Buying at ath is historically the smart thing to do

>> No.24717943

>>24717937
no, it isnt
retard

>> No.24717958

>>24716812
Lower your time preference.
And zoom out.

>> No.24717962

>>24716812
this is the castrated bull. it's what happens when you welcome bankers into your movement.

>> No.24718305

>>24717937
Which is exactly why I am doubtful 20k will ever be broken.

>> No.24718313

>>24716812
BTC is bullish in high time frames.
switch your charts to Log scale (as you should with anything that you look at % gains in), zoom out, look at last time it mooned in 2017 - multiple 20%, 30%, 40% dips but overall it mooned 20x (1k -> 20k). This time will be no different, it could take an entire year but it will slowly & surely chad up to around 200k per coin.

>> No.24718326

>>24717943
>t. retard

>> No.24718338

>>24716812
Happens all the time, don't worry about it.

>> No.24718660
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24718660

>>24716812
Because they are selling them for $TON, Tokamak will be huge looking at how many DeFi projects are popping out....

>> No.24718791

>>24716812
>up from $3000 in March
>why does it keep going down
it's okay to be a retard

>> No.24718806

>>24717436
>Looking at a 15m chart to see the value of an asset

ngmi

>> No.24718893

>>24717780
double top here is meaningless besides the short term resistance and reaction to it.... would be the first time in bitcoin's history to merely stop at its previous ath (in terms of its four year cycle)

>> No.24718930

>>24718893
A double top always means the market has topped out. The bull run is most likely over.

>> No.24719049

so an asset can never break its ath marked by a double top?

>> No.24719144

>>24718930
>>24719049
no that's just what retards believe because they feel special for actually noticing it hit resistance at the previous ath.. if it were true we'd have never gone above 1.2k in 2017..

>> No.24719526

>>24719144
Past results do not predict future performance. I don't think it will ever break 20k. The golden bull was a mirage.