We just bottomed

[Anonymous No.30263735]

Around ~46500, the buying pressure finally overcame the selling pressure. Even the midnight dump was neutered by it. Screenshot this.

[Anonymous No.30263784]

Who is fucking buying right now?

[Anonymous No.30264104]

>>30263784

Are you aware that every time there's a trade, someone is buying the exact same amount that someone else is selling? All things being equal, buying pressure is inversely correlated with price. This is why the price starts rising after each selloff ends, and the lower the price, the faster the rise. Eventually there is enough buying pressure to restore the price between selloffs; that's what happened at ~46500. Look at the chart for the last 12 hours.

[BottomCaller !zlMcs7WAIQ No.30265229]

damn this was such a good call I am going to tripfag this post and gloat later

[Anonymous No.30265337]

>>30265229
I hope you are right because i am financially bleeding out of my nipples

[Anonymous No.30265356]

Gonna laugh at you op tripfag when burgerland wakes up and panic sells again

[BottomCaller !zlMcs7WAIQ No.30265469]

>>30265337
>>30265356

I went 10x long 10 hours ago at 46917, I put my money where my mouth is. If I'm wrong, no need to laugh at me.

[Anonymous No.30265490]

>>30265229
I'm betting my green shorts that you're wrong
Clearest dump I've ever seen.

[Chronos No.30265585]

>>30265490
But I'm a pussy so i closed them just incase your right

[Chronos No.30265706]

>>30265469
Why are you so sure?

[Anonymous No.30265920]

>>30263735
>buying pressure
it's actually because of BUSD printing, it happens on previous 46500 too., all the mini rebound are because of USD printing and it always happens on big red candles.
Our hope are on Tether printing billions, if there's no Tether printing happens expect it to dump

[Anonymous No.30266127]

>>30263735
All the zoom zooms are gonna use their stimulus checks on bitcoin and it's going straight to 65k

[BottomCaller !zlMcs7WAIQ No.30266138]

>>30265585
>>30265706
>>30265920

pic related.
Each dump is clear as day on the 15m chart, as is the general trend in between each dump; I've marked them with arrows. After each dump, there is a steady recovery which would hit ~50k in about ~24 hours. At the bottom, the recovery rate is more than double (note the steep angle of the last/bottom arrow).The 15m just bounced back above 47k as I write this (but after I made the screenshot).

[Anonymous No.30266229]

>>30266138
Ok schizo nice drawing we will put it on the fridge

[Anonymous No.30266231]

>>30263735
Tomorrow as the stock market continues to sell off, so too will BTC. This is because of the people who own BTC -- large financial instutitons -- are rapidly running out of money and about to default on their debts and have to liquidate assets to pay it.
Of course, default is very very very bad for the dollar and the economy. The only way to solve default is through exponential money printing, which is very very very bad for the economy and the dollar.
This is the deflation before hyperinflation.
RIP.

[Anonymous No.30266275]

bros..

[Anonymous No.30266309]

>>30266138
The fundamentals have changed slightly since then
We're not gonna see this same pattern exactly, or the same bubble pattern as normal, because fiats about to eat shit.

[Anonymous No.30266353]

>>30266275
Is that the crab of d-death?

[Anonymous No.30266370]

>>30266138
Will the meme arrows will save op before he's financially ruined? Stay tuned /biz epic saga

[BottomCaller !zlMcs7WAIQ No.30266381]

>>30266309

I'm not sure who or what you're responding to but this has nothing to do with my post (but you replied to me)

[Anonymous No.30266416]

>>30263735
Now if we could just sail a month between 46-48k so my shitcoins can soar. Too much to ask?

[Chronos No.30266425]

>>30266138
I hope you're right OP
For your sake

[Anonymous No.30266442]

>>30265356
I'm waking up and about to panic buy

[Anonymous No.30266448]

>>30266381
It does.
The patterns only stay the same if the fundamentals always stay the same. Bitcoin's role doesn't change so it always stays the same, and that's why TA like this is so effective for bitcoin.
But right now we're about to black swan into something strange that invalidates TA. That's my point.

[BottomCaller !zlMcs7WAIQ No.30266493]

>>30266448

The chart I posted is the last ~9 hours of BTC price activity, not some chart that I dug up from the past to predict the future

[Anonymous No.30266539]

>>30266493
TA by definition is based off of patterns that have been right in the past that can predict the future.
Until they don't. Because TA can't predict a change in fundamentals. This is why TA is not always correct.

[Anonymous No.30266625]

>>30266539
I'd say that the dollar inflation panik invalidates the reverse head and shoulders, even if nothing bad is actually going to happen. People won't want to hold over the weekend especially if this whole week has already been red...

[Anonymous No.30266676]

>>30265920
CZ is so based

[Anonymous No.30266729]

>>30266625
Yes, but either way, whether there's an inflationary money printer panic or a deflationary default panic, the price of assets like gold and btc are going to tank in the short term, ie the price won't recover the same way despite the patterns.
But what happens a few days/weeks/months after that when the dollar starts losing value, either because of hyperinflation or because of the debt economy that the dollar is propped up off of goes away?
Then we're going to see the strangest, largest bullrun for BTC and commodities since...
I don't know since when. Since weimar germany? But US is way bigger than weimar. This is strange. This is black swan.

[Anonymous No.30266811]

43k Sunday. You know it

[Chronos No.30266887]

Currently pooumping

[Anonymous No.30266942]

>>30266729
The question is when would bitcoin shoot back up? If the bullrun has been cancelled by this correction, then people are holding onto empty rockets. I got to stay short-term thus if the dump is going to continue through March then I got to get out.

[Anonymous No.30267016]

>>30266275
What are these pyramids? what do they mean?

[BottomCaller !zlMcs7WAIQ No.30267031]

>>30266539

I'm not talking about "patterns", I'm describing what is broadly going on in the market and using the chart as a visual aid. At any given time, when the market is not chaotic, BTC is on a steady march along some trendline. In the chart I posted, you can clearly see increasingly positive trendlines after each dump. This is indicative of eager buyers who feel they are getting a good deal, not a race to the bottom of desperate sellers.

Look what's happened since I posted the first chart.

[Anonymous No.30267056]

>>30266942
Don't know friend. All I know is it's starting. I think it's very risky to time the market like that, if you're prediction of the bottom is incorrect then you're stuck holding literal bags of worthless cash. No idea how large the selloff will be either, you'd have to calculate how much BTC is held by every financial institution that's at risk of default, and that's just not very easy. The selloff won't last for long though, it's not like a 2017 crash and we wait 4 years. The dollar's magnitude of volatility is increasing, so only a few months at most or a few days/weeks at the least.

[Chronos No.30267107]

>>30267016
Pyramids are royal tomb that were built during ancient Egyptian times.

[Anonymous No.30267127]

>>30267031
>. At any given time, when the market is not chaotic, BTC is on a steady march along some trendline
Why is BTC and gold steady along a predictable trendline when stocks can be volatile?
Because the fundamentals of stocks change all the time while the fundamentals of gold and bitcoin almost never change.
The fundamentals are about to change friend.
TA is patterns. Indicators like macd or resistance lines or trendlines are useful for as long as the markets are believed to be efficient. In black swan events, that's not true.

[Chronos No.30267207]

>>30267127
Black swan events are impossible to predict by definition

[Anonymous No.30267239]

>>30267207
Not impossible. Impossible for most of the markets maybe, but not impossible for michael burry and those who analyze the fundamentals deeply enough.
Btw, michael burry is calling it.

[Anonymous No.30267265]

Inflection point right now. Stock futures losses have shallowed, will burger mutts awaken and panic buy like that other anon? Is this the beginning of OPs magical moon mission?

[Anonymous No.30267266]

r u waiting 4 upcoming mantradao IDO? gonna be in rise soon

[Anonymous No.30267280]

>>30264104
wtf i thought you jsut click sell on etrade

[Anonymous No.30267360]

>>30267265
Broke the downward trendline, this is getting interesting. I dont think ill buy back till usa comes ol.

[Chronos No.30267379]

>>30267280
Kek
>>30267239
He's not a fucking god he's just autistic.

[Anonymous No.30267503]

>>30267056
All I'm looking for is that if bitcoin crashes bellow where it is now within the month, then its all good. I'll get back in when we hit that floor. I am more of a litecoin guy though.

[Anonymous No.30267504]

>>30267265
I am burger. I just woke up, and I just panic bought

[Chronos No.30267526]

>>30265337
Why are your nipples so high up you freak

[Anonymous No.30267553]

>>30267379
>He's not a fucking god he's just autistic.
Then I guess all you need to predict a black swan event is to be autistic. Which makes sense, the markets are inefficient, not random. And I my fren, I am autistic.

[Chronos No.30267563]

>>30267504
What's the time rn is burgerland

[Anonymous No.30267596]

>>30267563
>>He's not a fucking god he's just autistic.
>Then I guess all you need to predict a black swan event is to be autistic. Which makes sense, the markets are inefficient, not random. And I my fren, I am autistic.
3 am pst 6 am est

[Anonymous No.30267627]

True. Let's buy some dips. $ETH $SNOW $DOT

[Anonymous No.30267674]

I hope so, only ONE green in my portfolio

[Anonymous No.30267681]

Oh fuck its lifting off

[Anonymous No.30267704]

>>30265469
you gonna get rekt you dumb nigger. in normal circumstances you would probably be right but we have a looming stock market selloff possible today that will drag crypto down with it

[Anonymous No.30267730]

it's going to liftoff for 6 hours before the markets open again and start bleeding

[Anonymous No.30267743]

>>30267016
it's an opposite shampoo!

[Anonymous No.30267793]

>>30267730
* 3 hours, retard timezone conversions

[Anonymous No.30267851]

Hovering!

[Anonymous No.30267943]

>>30267031
seems like your purposely ignoring the giant red candles

[Anonymous No.30268029]

[Anonymous No.30268032]

>>30267681
>>30267851
This is not sustainable

[ALARHABE1 No.30268101]

rofl, what are you talking about, trash boi
>these tards got all your minerals
don’t be so dumped and believe in every scam on topics
eat a cake and go to Jul and their julswap
any coin can give you benefits from farming

[BottomCaller !zlMcs7WAIQ No.30268108]

>>30267704

that's already priced in, everyone buying right now expects that

[Anonymous No.30268135]

>>30268101
wrong thread lol

[Anonymous No.30268192]

>>30264104
kek
People don't know the difference between calls and puts

[Anonymous No.30268206]

also its 5:30 am in burger land for me. it seems like burger activity picks up usually about an hour from now but the stock market opens in 3 hours and that will be the indicator on which way we go. either way its friday so expect the weekend dump as usual. im sitting in tether atm its less risky than being exposed to this shit if im wrong i miss what maybe 5-10% gains compared to being right and getting caught up in a big selloff. doesnt seem worth it to me

[BottomCaller !zlMcs7WAIQ No.30268216]

>>30267943

the giant red candles aren't just spontaneous selloffs, they're parties with large blocks of coins - almost certainly miners, probably chinese or russian - who simply dump because they want cash and don't care if the market sags while they do it. My point is the trendline after each dump is more and more positive, which indicates that the market is not running away from bitcoin but quite the opposite - they see the price dip and they want to buy.

[Anonymous No.30268278]

[Anonymous No.30268327]

>>30268108
watch btc seperate from the stock market today and reverse the relationship. stock market will now follow btc trends! screencap this

[Anonymous No.30268522]

>>30268327
This is a bad bet.
I agree that btc will decouple the stock market soon.
Expecting that today means you expect all the companies who own btc who are experiencing the deflationary pressure to sell out of everything to pay off debts have all already defaulted or paid off.
This is just not the case. We got at least a few more days or weeks until then. Then we will decouple.

[Anonymous No.30268662]

>>30268327
it's the same liquidity pool anon, if the stock market is crashing the liquidity dries up in both crypto and markets

[Anonymous No.30268713]

>>30268522
>>30267553
>>30267239
>>30267127
>>30267056
>>30266729
>>30266539
>>30266448
>>30266309
>>30266231
Autism anon you're just saying words at this point

[Anonymous No.30268884]

>>30268713
I'm giving you the answer. What more do you want?
Stock market and BTC are selling off because the institutions with positions in both are heading towards bankruptcy. Aka, deflation. This is evident with bond yields rising.
The US economy without debt is worthless. Without the us economy, demand for the dollar dies. We are headed towards a massive crash, and both hyperinflation QE and deflation won't fix that.
Once those companies with positions in both start going bankrupt and defaulting or receiving gov stimmy and paying off all that debt - thats when the value of btc is going to decouple the stock market.
But that usually doesn't happen in one day, which is why expecting it to decouple in 1 day is a bad bet.

[Anonymous No.30268894]

>>30268216
yeah i know its whales dumping. doesnt matter. they can keep dumping it. their plan looks obvious to me

[BottomCaller !zlMcs7WAIQ No.30268897]

>>30268327
>>30268522
>>30268662

If everyone expects a stock market selloff tomorrow, then those with big money riding on it will act on this ASAP. This means they have already sold their crypto. Why wait until the stock market opens? If you're so sure of the crash, why don't you sell? And if so, why wouldn't they have sold already as well?

[Anonymous No.30268983]

>>30263735
Cope

[Anonymous No.30269019]

>>30268897
>If you're so sure of the crash, why don't you sell
I sold off all my positions that were on margin. Looking to rebuy with my gains near the actual bottom. Not interested in completely timing the market.
In deflation, all financial assets fail. That includes gold and crypto. Just look at 2008 where gold spiked then died. The only reason gold didn't go right back up after that is because the economy was okay enough to go on with QE... now QE's gone parabolic.
Those with big money riding on btc are also the ones in debt, that's why they can't just time it the same way we can.

[Anonymous No.30269031]

Anyway futures are up, BTC is pumping, looks like OP is going to make it

[Anonymous No.30269175]

I made a thread a few hours ago that stated that the Pandemic announcement dip buys from institutions who saw the opportunity, their positions will be nearing one year over the next month/month and a half.

That means big tax break, which means if they want new positions and see a cooloff happening, they are going to sell, driving a further crash

[Anonymous No.30269304]

Thanks OP. I bought back in because of you. Make a thread later when you think top is nearing. I need you OP.

[Anonymous No.30269342]

Set warp factor 7 mr sulu

[BottomCaller !zlMcs7WAIQ No.30269382]

>>30269031
>>30269304

DAMN IT FEELS GOOD TO BE A GANGSTA
I CALLED THIS SHIT 3 HOURS AGO WHEN EVERYONE WAS TETHERING UP AND CRAPPING THEMSELVES

[Anonymous No.30269449]

>>30269382
Remember the words of Lord Rothschild:
>Buy when there's shit in the street, even if the shit is yours

[BottomCaller !zlMcs7WAIQ No.30269450]

When panic sellers look up, they see a face like mine looking down at them

[Anonymous No.30269470]

>>30269382
THIS IS NOT SUSTAINABLEEEEE

[ALARHABE1 No.30269475]

so what are u complain about lol

don’t be a bastard who believes in this shit that is shilled on /biz/
>fee will kill ethereum and common trading with lp
if you want to live and make income go with me
check ENQ Blockchain, pearl ecosystem for smart guys

[Anonymous No.30269634]

>>30269382
Just broke a higher high. well done, do us a service and keep your tripcode.

[BottomCaller !zlMcs7WAIQ No.30269645]

Full disclosure fellas - I sold half my 10x long position at 47500 because I'm going to sleep (its 4am here). I can sleep with a 5x long, but 10x is a bit much even for me.

[Anonymous No.30269656]

Anon just saw this posted.

> 1st Quantum Proof Blockchain
> From Scratch engine
>up 1100% this month
>https://mochimo.org/

[Anonymous No.30269760]

>>30266625
Dollar inflation changes nothing whatsoever, except that general panic in the markets always tanks the legendary muh store of value that is bitcoin. Prices rising means nothing for bitcoin because it's not even a real thing. When prices rise so does the price of gold because gold is actually a thing that people need. Why exactly would the price of bitcoin be affected by inflation? Because now people will have so much more disposable cash to speculate on it with? FUCKING LOL FUCK.

[Anonymous No.30269846]

Good thing OP pushed eject because BTC just fell of a cliff

[Anonymous No.30269989]

>>30269760
i dont need Jewry right now tho

[Anonymous No.30270093]

>>30269989
Well I AM a jew

[BottomCaller !zlMcs7WAIQ No.30270105]

>>30269846

NO REFUNDS

but seriously, I think it will be alright, I didn't say BTC will never see another red candle, just that at the ~46.5k+ price level there is clearly enough buying pressure to overcome the dumping currently taking place. I called a local bottom; I don't have a crystal ball about what BTC will do tomorrow. That said, I am generally bullish, hence my keeping a 5x long.

[Anonymous No.30270162]

>>30270105
>I don't have a crystal ball about what BTC will do tomorrow
BAIT AND SWITCH

[Anonymous No.30270204]

>>30269760
>Because now people will have so much more disposable cash to speculate on it with
This is how stores of value work anon. It's not speculation. It's real demand to put your dollars in a real asset. Bitcoin has inherent value and utility for captial flight so we can escape to germany, korea, and japan as the us turns into venezuela.

[Anonymous No.30270260]

>>30263735
Buy at 40344

[Anonymous No.30270307]

Looks like steps to me

[Anonymous No.30270341]

>>30263735
you just bottomed, you fucking boy slut.

[Anonymous No.30270388]

>>30270093
and i am not peter schiff

[Anonymous No.30270547]

>>30270204
I appreciate that you think this. Actually, the only utility that bitcoin does have is for money-laundering, and it's becoming even less effective for that as it becomes more and more regulated. But this is not how stores of value work because there's no value to store. Bitcoin is the opposite of inherently valuable because it's value is determined solely by people thinking other people think it has value. Gold is inherently valuable because it can be used to make jewellery and electronics and many other things. Bitcoin is an end unto itself.

[Anonymous No.30270562]

>>30266138
>15 minutes
>Maymay arrows
save your sanity and use volume with macd

[BottomCaller !zlMcs7WAIQ No.30270677]

>>30270562

> trading based on simplistic indicators that literally every bot on the market can act on, thus negating any novel market information they would otherwise yield

ngmi

[Anonymous No.30270828]

>>30270547
>Actually, the only utility that bitcoin does have is for money-laundering
Capital flight is a real use case for bitcoin. Money laundering is a form of capital flight, but what happens if millions of people need to launder their money all at once to escape to countries where the economy isn't 100% fucked?
This is the exact same use case as gold.

[Anonymous No.30270869]

>>30270828
you are authentically retarded, I love it it's great

[Anonymous No.30270875]

>>30270677
>ngmi
as if you can react with that 15 minutes schizo timeframe

[Anonymous No.30270922]

>>30269382
so now what. its still going to dump it was expected to be a small pump then the dump. whats youre next move we''ll see if you're a retard or genius

[Anonymous No.30270967]

>>30270869
You know it's true. Without this premium as a "store of value" that gold has, it would be inherently worth less than copper. Copper is used far, far more in electronics. Gold's price is propped up by the same "speculation" that bitcoin's is, because that speculation is actually real value. Transferrability is real value.

[Anonymous No.30271023]

>>30270547
>Actually, the only utility that bitcoin does have is for money-laundering
Luddite mentality.
Even in a gold based currency, you'd still be paying financial institutions to push paper that can be digital and automated.
Most currencies work without gold, it's the financial institutions that fuck it up for everyone.
Either way, it's still better to cover all your bases if you're actually preparing for a complete shift in the economy.
Even if you think it's more likely, or even inevitable, that pm backed currencies will return you should still have all the alternatives covered too.
I think crypto is more likely but i'm stacking pm too.

[Anonymous No.30271039]

>>30266942

You are all absolute retarded pussies

[Anonymous No.30271503]

>>30271039
Nay, simply making a tactical withdraw

[BottomCaller !zlMcs7WAIQ No.30271957]

48k

[Anonymous No.30272063]

>>30263735
How does ONE BILLION DOLLARS sound ?

[Anonymous No.30273454]

>>30267280
hehehehe

[Anonymous No.30273783]

OP, I ... you didn't look at the volume ... I am so sorry OP ...

[Anonymous No.30274069]

>>30266138
>15 min candles