MAJOR BITCOIN [BTC] CHART ALERT !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[Anonymous No.56077668]

THE 1W STOCH RSI IS NOW FINALLY BOTTOMED!!!

IT'S RIGHT NOW SITTING AT 0.00 -- 0.00 (meaning blue and orange have met and are at the absolute bottom).

[Anonymous No.56077680]

so bullish? should i buy? everytime i wait and then it pumps

[Anonymous No.56077692]

>>56077668
HERE IS WHAT I WAS DESCRIBING.
THIS IS HOW IT LOOKS RIGHT FUCKING NOW.

[Anonymous No.56077704]

>>56077692
So buy?

[Anonymous No.56077715]

>>56077668
*dumps another 2k*

[Anonymous No.56077726]

>>56077668
it can stay down there for days while btc continues to dump

[Anonymous No.56077731]

You retards said the same thing at 60k 48k and 30k

[Anonymous No.56077739]

>>56077731
No

[Anonymous No.56077748]

>>56077668
>1W STOCH RSI
nobody cares and it doesnt work, check the BTC chart RN its dumping and will continue to dump more

[Anonymous No.56077763]

>>56077668
>IT LITERALLY CAN'T GO ANY LOWER
>it goes lower

[Anonymous No.56077765]

>>56077668
bro stoch rsi is cool and all but sometimes it can be misleading, for exempal in bull markets it is overbought but it can go upper
How to avoid these situations?

[Anonymous No.56077854]

Stochastic relative strength indicator can stay flat down there for an unknown amount of time, same as it can stay flat in overbought for an unknown amount of time

[Anonymous No.56077871]

>>56077854

It can. But just as an FYI it only stays flat at the bottom when it's OVER

[Anonymous No.56077876]

What a goddamn retarded nothingburger

[Anonymous No.56077883]

>>56077668
>1W STOCH RSI
lol, lmao even
TA is a meme

[Anonymous No.56077913]

>>56077854
>stay flat down there for an unknown amount of time
so can the price = bottom

[Anonymous No.56077923]

>>56077871
Or over a prolonged period of overall general market correction, like when nobody is willing to go risk on with interest rates north of 5% and riskless income also north of 5%

[Anonymous No.56077999]

>>56077692
Yes but the monthly still look terrible. Enjoy a shit pump back to 27-28k and then we dump down to 20k

[Anonymous No.56078027]

>>56077913
The "price" can keep dumping while the stoch stays flat. Same the other way around, the price can rise while the stoch stays flat in overbought. Stoch is generally alone a shit metric

[Anonymous No.56078042]

>>56077923
Good thing riskless 5% doesn't last forever

[Anonymous No.56078061]

>>56078042
final rate is certainly going up. Check the pce, and this week cpi computer, inflation is rising again, mostly because of that retarded June pause

[Anonymous No.56078074]

>>56077680
Considering the market situation: Unlikely to instantly pump after hitting 0, but it might! With "market situation" what's referred to is the following 2 things: #1: The overall market sentiment is pretty damn bearish, and #2: BTC is at the bottom of its log curve, see picrel (pic from Sept 5th; only a few pixels different now).

IF the whales KEEP dumping it's inevitable soon the price will go below the log curve in a meaningful way (more than just a few pixels below) [1] which never happened before [2] and this will likely cause a catastrophe. But of course the log curve has always held! The whales always pump when the price hits the bottom of the curve. So everyone expects it to pump and it probably will. But if it doesn't, then prepare for absolute chaos and the pink fields!

> [1]: And keep in mind; the curve isn't the blue lines, the actual log curve is the price itself, the tops and bottoms of the candles, so if you remove the blue lines the actual curve of course is still there; the blue lines are ONLY there as a visual aid.

> [2]: The way the curve looks now it has looked since 2015; the bottom boundary was established by 2015 and the top boundary in 2013. Here's an animation illustrating this: https://archive.is/GHVaQ/0c8e4d307943a14cd3fe6e43ae0863d5fa16d441.gif and here is another one: https://archive.is/l7OZa/a6a02d122b585809534eb23afd1f0e3a9197aad9.gif – you can find many old charts on tradingview illustrating BTC's log curve which shows that the curve has indeed looked the same for many years. Stressing this because some newfags/retards/shills will claim the curve is edited later - not the case at all. Here's a chart from March 2021: https://tradingview.com/chart/BTCUSD/Gam35BRX-hi/

HELPFUL POST: https://archive.is/JZ9tE#42%
ALSO: https://archive.is/JZ9tE#60%
ALSO: https://archive.is/EHx0T (same was close to happening in Nov 2022 – as with the other times price touched bottom of curve; yet it never failed)
ALSO: https://archive.is/jEi3c

[Anonymous No.56078088]

ITT: retards who are getting shaken out by a bear trap and not buy the obvious foot of the bullrun

[Anonymous No.56078093]

>>56078074
And inb4 shills/newfags/retards, that's Bitcoins very own self-established / self-created / self-generated curve. Ignore all other "curves" you see on various websites, those are drawn by people who draw their curves whatever fucking way they want to push whatever narrative they want, those curves are NOT self-generated by Bitcoin itself.

[Anonymous No.56078155]

>>56077763
It can, but in this situation (which is the 4th time with the first being in 2015) it never has.

>>56077726
>>56077854
Yes. And if it continues to dump significantly, then we have this unprecedented problem: >>56078074

>>56077876
"nothingburger" is a jewish term, it was invented by a jew: https://en.wikipedia.org/wiki/Nothingburger?useskin=monobook
>The term "nothingburger" was first coined in the 1950s by Hollywood gossip columnist Louella Parsons,
https://en.wikipedia.org/wiki/Louella_Parsons?useskin=monobook
>Her father was of Jewish descent, as was her maternal grandfather

>>56077999
The monthly looks bearish, but if BTC mega-pumps now, in other words the 1W Stoch RSI turns upwards, then the 1M will probably begin to rise upwards again. It crossed bearish at ~85. It has room left to go upwards. And of course in an extremely bullish market it would stay between 95 and 100 for some time.

[Anonymous No.56078174]

Slurp sisters where you at? I just slurpped me some cheap RIO and TRIAS

[Anonymous No.56078223]

>>56078155
>if it continues to dump significantly, then we have this unprecedented problem
And a dump to 19.5k would be more than sufficient. At under 20k the price would be significantly below the bottom boundary of the curve. It would look very scary. But I don't expect that to happen.

[Anonymous No.56078256]

>>56078174
if you slurped RIO then also slurp some CurioDAO (CGT).

[Anonymous No.56078260]

>>56077668
>>56077692
should i buy or wait?

[Anonymous No.56078285]

>>56078260
buy NOW. $25,133 (right now) will be the bottom, BTC will never ever go lower again

[Anonymous No.56078307]

>>56078074
BTC has been below the log curve for a long time already retard. The image you posted is just two TV curved lines.
The log curve doesn't compress so heavily.

[Anonymous No.56078325]

>>56078307
cope

[Anonymous No.56078362]

>>56078325
The rainbow chart is not the logarithmic curve, retard.
Here, I just drew the same log curve with the curved line tools.

Christ this board is full of retards.

[Anonymous No.56078436]

>>56078362
You absolute bellend gorilla didnt even connect the curve to the Covid dump in your first chart so that it fits your narrative. gtfo faggot

[Anonymous No.56078462]

>>56078436
lmao retard

[Anonymous No.56078476]

>>56078462
I said in your first chart. How about you grow some IQ points before we continue arguing

[Anonymous No.56078519]

>>56078476
Where do you get the idea that the covid crash didn't go through the log curve?
God, retards are so retarded.

[Anonymous No.56078762]

>>56077668

chart "analysis" doesn't work, idiot

[Anonymous No.56078832]

meh btc is holding up pretty well for the market conditions especially when you compare to 2019s reaccumulation.

[Anonymous No.56078900]

>>56078832

Market is maturing

[Anonymous No.56080458]

>>56077668
BTC moves according to chainlink news. Keep up grandpa.