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/biz/ - Business & Finance

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3625522 No.3625522 [Reply] [Original]

Which one now? GS said it goes to 2200.

>> No.3625528

>>3625522
In case you haven't noticed, GS has been buying all day yesterday and today.

So up.

>> No.3625565

http://www.businessinsider.com/bitcoin-price-technical-analysis-goldman-sachs-top-2017-8
>Bitcoin enthusiasts, however, shouldn't get too excited about the big move up. Jafari warns that the gains are unlikely to last. She sees a drop of as much as 38.2% once the fifth wave is completed. That would mean a move back below $3,000.

"At this point, Bitcoin would have to move back under 2,935 (Jul. 21st high/top of wave 1/V) to signal that a top is already in place," Jafari wrote.
The call was $3k. Under $2935 signals that $5k is the top and we go to $2200 . We did not break $2935 and are going to continue up

>> No.3625583
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3625583

>>3625565
>Bitcoin enthusiasts, however, shouldn't get too excited about the big move up. Jafari warns that the gains are unlikely to last. She sees a drop of as much as 38.2% once the fifth wave is completed. That would mean a move back below $3,000. "At this point, Bitcoin would have to move back under 2,935 (Jul. 21st high/top of wave 1/V) to signal that a top is already in place," Jafari wrote.
The call was $3k. Under $2935 signals that $5k is the top and we go to $2200 . We did not break $2935 and are going to continue up

formatting fixed*

>> No.3625601

>>3625522
Has not had a dip in over 3 days. Got to go down for traders to make money.

>> No.3625623

>>3625583
Fibbonacci faggotry is tea leaf reading.
Goldman knows better than that, so this can only be manipulation

>> No.3625630

>>3625601
It will dip, but not to $2200. Probably $3800, maybe test $3500 again, but I doubt it

>> No.3625647

>>3625623
It's Elliot Wave, even more tea-leafy. But still, it clearly says their call was for $3k, not $2200

>> No.3625658

>>3625522

Short with 50 BTC @ 100x leverage and see what happens

>> No.3625667

>>3625630
Only a buffoon would think it would go down to 2200.

>> No.3625720

>>3625522
They forgot a zero. They meant 22000

>> No.3625759

>>3625583
>She
kek

>> No.3625763

>>3625667
uh, you don't know how powerful goldman sachs is...if they wanted it to go 2200 they can easily do that...btc market is small enough to be manipulated, easily, by a player like goldman fucking sachs.

>> No.3625787

>>3625763
Sure, if they wanted to lose a ton of money by dumping anything they have. People have gotten wise their their bullshit thanks to Dimon so making a public statement wont do it.

>> No.3625857

>>3625667

agreed
shitcoins would indeed lose 50-70% of value after a peak but bitcoin losing more than 40% I just don't see it.

I'll fire my orders at 3k5 if needed and won't look back

>> No.3625879

GS can succ my cock

>> No.3625882

A
FUCKING
BINANCE
CHART

>> No.3625899

There is a candle tale down to 2800, it needs to at least retrace that soon. That retrace could be a major mental scary point for normies, causing a sustained drop.