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52296443 No.52296443 [Reply] [Original]

4-year cycle
2022 looking very similar to '18, but who knows?

>'17 top to '18 june lows: -71%
>June lows to true bottom: -55%
>'17 top to true bottom: -84%

>'21 top to '22 june lows: -74%
This data suggests true bottom is somewhere around $7520.37~$11040. I personally believe we don't even go that low.

>> No.52296600

so we are literally on track for an identical price action - I kneel to this kikery

>> No.52296607
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52296607

anyone?

>> No.52296616

>>52296443
We had double top and now double bottom.
Only moon now.

>> No.52296693
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52296693

>>52296616
Well, we have resistance around $18k, also volume is high, which is different from $6k in '18
But we also have the FTX situation now, which is still unfolding.
We'll see

>> No.52296722

>>52296693
Not resistance, I mean *support

>> No.52297030

>>52296693
I'm convinced $17-18k is the bottom range. BTC
We should see a nice bounce this or in the next week then correction and crabbing until next halvening.

>> No.52297093
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52297093

call me a retard for drawing straight lines on a log chart but i drew these a year and a half ago, maybe a wick to 14k

>> No.52297700
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52297700

>>52297093
Checks out

>> No.52297767

>>52296443
Ok now account for the fact that the runs were completely different
>NOOO YOU CANT NOTICE THE FACT THAT WE ONLY WENT UP 20X INSTEAD OF 100X THATS CHEATING
It's different this time, because it's different every time. The only thing that is similar is coping retards like you praying for dirt cheap prices and not getting them.

>> No.52297780

Volume is too high.
Exchange where I buy bitcoin used to have less btc than my own wallets. Today the exchange is operating with 50x the usual.

2018 did not have such high volumes.
So maybe 14k is possible, but dont think it will go any less. I will keep buying in a DCA method.

>> No.52297801
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52297801

>>52297767
>Ok now account for the fact that the runs were completely different
>>NOOO YOU CANT NOTICE THE FACT THAT WE ONLY WENT UP 20X INSTEAD OF 100X THATS CHEATING
>It's different this time, because it's different every time. The only thing that is similar is coping retards like you praying for dirt cheap prices and not getting them.

>> No.52297803

>>52296443
Nothing is more infuriating in the world of crypto than cycle-fags.

This shit is all barely a decade old, trying to infer patterns in the charts at this point has as much validity as reading tea leaves or consulting horoscopes

>> No.52297844

OP you must be 18 to post here

>> No.52297851

>>52297780
I agree, I also address the volume in this post here >>52296693

>> No.52297855

>>52297767
>It didn’t perform as well during the bull market so it has to perform twice as good in the bear market!!1!
Copa-Cola Classic

>> No.52297887

>>52297855
>completely misconstrues the argument
You might as well not even reply if you're too retarded to understand what I wrote.

>> No.52298632
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52298632

>>52296443
I think were pretty close to the bottom now. Can see BTC wick down to $8k.

>> No.52298768

Where are you going to find the suckers to pump crypto yet again? Surely all available suckers got squeezed last year
admittedly this line of thinking is why I missed the previous cycle

>> No.52299021

>>52298768
wait 10 years for the youngest zoomers and gen A to grow up and dump on them once everyone forgets about it.

>> No.52299096

>>52296443
macroeconomic conditions are so different now compared to 17/18. cost of debt was also close to nothing back then. nowadays no one has money now to play with your imaginary internet coins
chartniggers should be shot on sight

>> No.52299351

>>52299021
thx anon i keked so fucking hard at this. what a crazy day it has been

>> No.52299551

still waiting for sub 15k btc and I have been doing so since last year but I still can't be sure if btc will ever come back around for next halvening. We are below the weekly 200ma which I don't like. My meme lines see 13-14k wick for btc and 600-500 wick for eth and I will all in then regardless of win or lose

>> No.52299576

>>52297030
>I'm convinced $17-18k is the bottom range. BTC
you and everybody else. BTC is going to reach $10k bottom.

>> No.52299608

>>52298632
>meme trader uses the shadiest centralized exchanges to gamble on shitcoins around a technology supposed to be about decentralization
>"this industry is a joke"
niggers really have no selfawareness whatsoever

>> No.52299611

>>52296607
Who the fuck knows. If Binance is also taking risks it shouldn't this could very well be the end of crypto

>> No.52300900

>>52296443
>but who knows?
Nigga, just make your decisions based on the 2018-2019 chart... with the caveat that it will be WORSE due to global macro/interest rates/inflation. Human nature doesn't change.

You have no fucking business being in this market. Save you cash for the DESPAIR bottom. Getting sick of explaining this shit to you people.

>> No.52300954
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52300954

>I'm convinced 17-18k is the bottom

People basing this off some crabbing but aren't understanding just how bad the macro picture looks going into 2023/2024.. Energy crisis, sticky inflation, further rate rises, the effect of rate rises taking effect around the world squeezing liquidity out of the system.. More liquidations, lay offs etc..

10k bitcoin is optimistic when you consider what's next in the pipeline for CZ.. Tether.

>> No.52301471

JUST GIVE ME TEN DOLLAR AVAX ALREADY.

>> No.52301490

>>52296693
Nice pepe

>> No.52301546

Shorting every bounce is free money.

History doesn't always repeats but it rhymes.