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/biz/ - Business & Finance

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7519478 No.7519478 [Reply] [Original]

Am I the only one who is nervous that this is a giant bulltrap?
Don't get me wrong, I'm very bullish on BTC in the long term. BTC close to 4K again is highly possible I think.

>> No.7519523

This isn't the bull run, this is the accumulation phase, that's why it's so slow, everyone trying to get cheap coins while at the same time not making it go too high.

>> No.7519548

Down 250 already. No shit it's a bulltrap.

>> No.7519642

>>7519548
dumb motherfuckers looking at 5 min candles like it means the world
it is a bulltrap tho
if you zoom out and look with 4h candles it looks just like the other bounces

>> No.7519674

>>7519642
Lol zoom out retard, top of the hill reached. Short term trend will be down. Conservative estimate would be 6000, 4000 would be extreme but possible

>> No.7519773

>>7519674
I agree, if you zoom out, looks like top of hill

>> No.7519784
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7519784

>>7519523
/biz/ wanting to buy at 5K is how you know where things are.

>> No.7519787

>>7519548
Lol, please at least figure out the difference between 5 min and 1 day candles before you comment. What you did had nothing to do with the weekly trend

>> No.7519813

Exit and enter at 5k.

Your welcome

>> No.7519822

>>7519787
>Waits days to predict trends, meanwhile price fluctuates by thousands in 1 day

>> No.7519871

Next support is 8000, if we fall below.... pink wojack season commences again.

>> No.7519888

>>7519478
No, you aren't. It was crucial to break 9k and stay above to signal a return to bullish sentiment. It was a really fragile, low volume climb and now it's revealing itself to be a bulltrap.

>> No.7519897
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7519897

>>7519822
What are you even saying nigga. You have no clue how the charts work, do you?

>> No.7519930

do you honestly believe it can keep +10% day after day without any pull back? jesus christ

>> No.7519945

Dude nobody fucking knows. Unless youre a total newfag or brainlet you should be in plenty of existing profit.

That said now is a risky time to buy btc or any short term holds, but probably a good time to go long on coins youre confident in

>> No.7519949

>>7519478
This is going to hell, prepare your anus...

>> No.7520154

>>7519930
What I believe is that there are a lot of people waiting for a pullback to put money in. They look at the price yesterday and say it has to go down, they forget how sweet of a deal it is compared to the price 2-3-4 weeks ago. If we go to 8K, that's not beating an entry at 7K. Or maybe we spiral to $200.

>> No.7520184

it is a bull trap. the bubble is not fully popped. still looking good long term

>> No.7520933
File: 83 KB, 600x600, 5C22C35D-1A1D-407E-9EED-945080D41FA5.png [View same] [iqdb] [saucenao] [google]
7520933

What if it’s the bulltrap-trap-before-the-gains-nap? That’s where they fake pump TWICE before the dump

>> No.7520955

We have been following the meme graph to a t so I'm expecting it to go lower soon.

>> No.7520986

>>7519871
>bounces at 7.9k
TA cucks btfo once again

>> No.7521006

>>7520955
according to the meme graph the bubble is over

>> No.7521053
File: 119 KB, 1080x1920, Screenshot_2018-02-10-17-00-24.png [View same] [iqdb] [saucenao] [google]
7521053

>>7519478
Not that giant, honestly. Maybe your memory isn't great but if you zoom out you'll see we had a bunch of these already.

>> No.7521090

>>7521006
prove it nerd

>> No.7521115

>>7519674
I think stocks crashing is new. You don't know what market collapse plus some big use case in crypto (hopefully fairX).

>> No.7521122
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7521122

>>7521090

>> No.7521150

>>7521122
Lol that really doesn't fit any more you stupid jew

>> No.7521164

>>7519478
you pathetic cunts come out like this every fucking dip, no wonder nobody will fuck you faggot

>> No.7521171
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7521171

>>7521122
>The graph he references shows the bottom far below current price, still uses it as evidence!

>> No.7521195
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7521195

>>7521171
Well im shit tier at Photoshop so I'm not gonna make a new one for you fags today

see you in the blow off phase

>> No.7521220

>>7521122
We are at capitulation. Evidence: Your capitulation

>> No.7521261

>>7520933
Based Simpson's anon, i love your work

>> No.7521275
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7521275

>>7521090
>>7521122
>>7521150
>>7521171
>>7521195
Look here.

>>7521171
>>7521150
Brainlet newfags who don't even know how to check ID's and also dont realize that the fudcuck's chart is a month old

>> No.7521284
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7521284

>>7519813
My welcome what?

>> No.7521304
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7521304

>>7519478
Just another Dip IMO. Betting on it.

>> No.7521368
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7521368

>>7519888
Trips confirm

>> No.7521800
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7521800

Please don't be real
https://twitter.com/PhilakoneCrypto/status/962277223532302336

>> No.7521839

>>7521800
do you think I could get a lot of twitter followers just posting fake TA on memecoin charts

>> No.7521875

>>7521839
So far his calls have been correct I'm afraid. Scroll down his feed. All his call were pretty much perfect and he scalped thousands of dollars just last week.

>> No.7522192
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7522192

>>7521800

>> No.7522479
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7522479

>>7521800
That is bad ta but still true at the end

>> No.7522617

>>7522479
he posted a cleaned up version

>> No.7522653

>>7521800
>>7521875

I would be happy if it's real because I haven't bought in yet

>> No.7522678

Where does that leave ETH at? 600$ in 10 days?

>> No.7522747

>>7519478
Morons with 500 dollars in the game saying they are 'bullish' on a coin or token make me miss the dip...

>> No.7522754

Lowest volume in dollars since december 5th. I think you retards know what that means.

*It means bots have been washtrading and propping up the price to 9k. We are nowhere near the bottom.

>> No.7522871

Why don't you guys admit you have absolutely no idea what the hell is going to happen? It could moon, it could bottom out, literally no way of knowing.

>> No.7522969
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7522969

>>7522871
are you saying I should buy or sell

>> No.7523036

>>7522871
It cant moon without normie money, thats why this is bear market. Please note that December push to 20k was completely and uttery crazy. Bubble has popped, people are not running into buying this shit currently

>> No.7523084

>>7523036
It can moon with institutional money.

More whales will enter the space as regulatory bodies make their intentions more clear.

>> No.7523085

>>7522871
THIS.

>> No.7523090

>>7523036
>people are not running into buying this shit currently

Did you miss the highest ever volume daily candle on Bitfiniex at $6000, followed by a 30% increase in price?

That's an awful lot of buyers 'not running into buying this shit currently'

>> No.7523108

I just hope it's not. I want alts to start moving again.

>> No.7523109

>>7523084
Yea and they'll enter at 9k, 3x price it was 3 months ago, days after it dropped like rock to 6k.

No they wont.

>> No.7523125

>>7523090
50% increase even.

>> No.7523154

>>7523090
Highest volume in BTC (not dollars!) because price looked great. Volume is going down and longs have closed yesterday the same time as shorts opened, meaning same guys are fucking you over.

Volume was amazing at 10k 3 weeks ago as well, and it fizzled out in few days time. Dont worry, BTC wont be priced 10k anytime soon.

>> No.7523189

>>7523109
stocks crashing will do something. If bonds suck where do you put a percentage of your portfolio? Even if you know its risky 10% might be worth it as an easy alternative to stocks which look to be on fire.

>> No.7523194

>>7522617
so the predicted crash is after the next rise to 9k?

>> No.7523227
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7523227

>>7522871

>> No.7523229

>>7523194
the rise happened. according to this TA it might move downwards again.

>> No.7523304

>>7523194
We are heading to 4800-5200 guaranteed this week. We already attempted 9k and failed miserably.

>> No.7523310

>>7523227
source on pic?

>> No.7523412

>>7523310
https://www.tradingview.com/symbols/BTCUSD/technicals/
>>7523229
>>7523304
I would honestly like another dip, just tether and chill buy the dip again. profit.

>> No.7523476

24 hrs ago biz was all bullish, now a few chinks post some shit on twitter and its all doom and gloom
wake up cunts

>> No.7523929

TA is the financial equivalent of reading tea leaves.

These threads are so bullshit. I was watching a TA video some /biz/raeli posted three weeks ago, saying the stock market TA's don't indicate a selloff.

Past behavior is not indicative of future behavior.

I repeat, past behavior is not indicative of future behavior.

>> No.7524185
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7524185

i was a bit bullish at the beginning of this bounce, volume came up for real this time, some signs of long term bullish diverge, but after a few days away, i just caught up and did my TA and thought about some bigger broader FA.. quickly panic sold some positions lmao. this is going to be a fucking disaster. perfect storm tier. too early, too flat, too many meme lines right in front of us

THEN i caught up on our asian friends, and they are uhhhhh.. yea. i dont even care if im slightly or mostly wrong, ill fomo into some better price action when i see it again.

we are getting closer to a solid bottom though. theres a pretty decent shot the next one will be it. might have even still been 6k. probably not though.