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58093576 No.58093576 [Reply] [Original]

The Stoch RSI anons warned BTC will gigadump to way below 60k (while referencing the 1M and 1W) also warned that it would first pump from around 60k (while referencing the 1D and Hourlies), which is exactly what we're now seeing. They just can't stop winning!

>>58066044
>It will bounce at 60k or near 60k as the 1D Stoch RSI is bottomed. That said though, obviously it will dump much more later.
>>58063360
>The 1W Stoch RSI just began falling, but it didn't fully top out (that is; 100-100). That's of note despite it not having fully topped yet, due to the 1M having been at exactly 100-100 (both blue and orange together fully maxed flat) about as long as the period before the April 2021 top.
>The 1D however is bottomed, so expect some small pumpage in the near future above 60k before the proper big dumpage starts.

>> No.58093588

>>58093576
>proper big dumpage starts
oh bobo
poor, poor bobo

>> No.58093592
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>>58093576
Well of course, that's to be expected.
> "the 1M having been at exactly 100-100 (both blue and orange together fully maxed flat) about as long as the period before the April 2021 top"
Picrel is what he was talking about.

>> No.58093603
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>>58093592
Pic very related.

>> No.58093605
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screencapping this for the future "RSA anons appreciator thread" for when $BTC inevitably goes back to $40k

>> No.58093610
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58093610

>he thinks the dumps over

>> No.58093639
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>>58093610
the 1m dump just started for sure this time this guy thinks its over hah he clearly hasn't seen anything yet the dump just got started he must be stupid to think its already over if he had any brain cells left he would be stocking up on $btc right now the inevitable $btc 100k prediction will eventually come true and the nobenises will be left holding their bags in the end $btc to the moon

$spurdo erc is the way and he should look into it

>> No.58094041

>>58093576
If you're new it's understandable if you're impressed, but it's really not that impressive. It's actually unsurprising they call both pumps and dumps when they're looking at multiple timeframes, as one should. Doing so enables one to see what the market is like and what it's doing and what it wants in a "zoomed out" sense and also what it's like and is doing and wants in a more "zoomed in" sense. So one can see the market is overall bearish or bullish in a "zoomed out" fashion while simultaneously the market can be the opposite in a "zoomed in" shorter time-frame sense. For example if the price has been falling and the Stoch RSI is lets say around 45-35 points on the 1M and at a similar point level on the 1W but is at 0 on the 1D, you know the dumping isn't over but you also know a small pump is coming.

That always confuses the hell out of newfags though, and some seem to never learn. They think if for example on the greater time-frames the Stoch RSI is topped, then that it means the price is only going down and there can't be any pumps along the way or that there can't be some additional pumps before the overall fall even begins (and then some of them, some of the lowest IQ ones, when a smaller time-frame pump occurs they go "aha! stoch rsi is wrong! see, the price isn't going to fall!" like drooling idiots). Newfag shorters get rekt that way. Happens also in the reverse order, where it's newfag longers who get rekt. Another mistake newfags make is to look at only the lower time-frames and ignore the greater. So for example a scenario can be they look at the 1D and see it's bottomed and therefore enter with a big purchase or open some high-leveraged longs but they didn't check the 1W which had hit 100 and had just begun to falling while simultaneously the 1M was already falling sharply. So the price goes down much lower than their entry price and they turn pink as they realized they bought much higher than they had to, or their longs get liquidated.

>> No.58094065
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>>58094041
Probably most important post on /biz/ this week. Don't fuck it up new money

>> No.58094078

Get off your phone nerds.

>> No.58094094
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>>58094078
Make a laptop battery that lasts 2 days and doesn't take 8 hours to recharge AND doesn't cost 1 ethereum

>> No.58094283

>>58093603
So bullruns over?

>> No.58094377

wow another thread about mental illness. looks like a small cargo cult has formed around a lagging indicator.

>> No.58094380
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>>58094283
it never started if youre on /biz/ & hold link + other janny scams

>> No.58094393
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>>58093605
that's an actual panel from a manga or just an edit?

like damn, didn't know japan was into crypto
or well i kind of did, but never thought i would see it represented in manga of all things
damn, next thing i'll see is new oshi no ko chapter where they use paypaw to pay for condoms before the inevitable incest sex scene

>> No.58094933

>>58094283
Most likely yes. The most bullish possibility seems to be it goes to 80k or so first, but it seems like BTC already topped. New folks will think this bullrun seems "too short" if it has already ended or ends soon, but that's exactly the same sentiment they had back in 2021 -- they wanted that bullrun to be just as strong as the one from $162 (Aug 2015) to $19800 (Dec 2017), or even the run before that one, which clearly wasn't happening as it was obvious already then that each bullrun is weaker than the previous. This bullrun ending roughly around 65k, plus/minus a few %, is consistent with how much weaker each run is. It was predictable. And some anons indeed did predict back in mid-2021 that this run would end somewhere around here. Some said we might not even reach a new ATH. If you adjust for inflation, we haven't.

>> No.58094952

>>58094377
>t. missed the top

>> No.58095043

>they
nigga we all know they are your own posts, stop being a faggot

>> No.58095215

>>58094933
Thanks, so btc and crypto is OVER if 73k or 80k will be the top. People will flee in droves and never come back because next bullrun we will not make a new ath anymore with that sort of diminishing returns

>> No.58095269

>>58094393
It's about forex actually, FX Senshi Kurumi-chan