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9024895 No.9024895 [Reply] [Original]

First of all I'd love for crypto to increase in value the way it has the last couple day, but one of the few things I've learned in crypto is that when any coin goes up too fast (or the entire market) it will always correct and price will come down. Lets look at ETH for example on the 7th in was less than $400 on the 14th exactly a week later it broke the $500 mark and then a couple days ago it broke the $600 mark. In 2 weeks the price jumped 50% not just ETH but most big cryptos. This growth is unrealistic and like I said before if anything goes up too fast it will always come back down. In 2 weeks it has constantly gone up without coming down. Now anyday I feel like a correction is coming where we will lose some gains and I mean gains like 10-20% we will still be up from 2 weeks ago when we were at an all time low for example ETH might come down to $500-$550 still up $100-$150 from 2 weeks ago..

Anyway let me know what you think.

>> No.9025579

You’re absolutely right. Look up wyckoff model.

>> No.9025903

Yeah it has been like this for a while, especially before the last massive bullrun these waves were easy to call.

>> No.9026001

yup blood coming IMO

>> No.9026043

>>9024895
Who fucking knows.

>> No.9026061

>>9024895
>In 2 weeks the price jumped 50% not just ETH but most big cryptos. This growth is unrealistic and like I said before if anything goes up too fast it will always come back down. In 2 weeks it has constantly gone up without coming down
Zoom out you fucking retard.

We've already been at this price point around like 6 months ago.

A correction UP was due.

>> No.9026092

I guess it's good that you came to this conclusion yourself, but fuck me, that's how all markets move.

>> No.9026247

>>9024895
Exit pump

>> No.9026537

Counterpoint: If anything with a legitimate value proposition goes down too fast, it will always come back up.

>> No.9026683

No one knows how any of this works. It's all luck.

>> No.9026727

>crashed 80% from ath
>hurr it'll go lower ;))))
>pumps 20%
>wtf how dares it, it so fucking overbought wtf correction when

>> No.9026776

>>9026061
This poster is right. The quick rise in ETH's value was a correction going up

>> No.9026815

>>9026061
this.

>> No.9026835
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9026835

>>9024895
>newfag doesen't know it hit $1500 in december

>> No.9026862

i think EOS replace Ethereum and EOS become coin number 2

>> No.9026973

>>9026862
Tru dat

>> No.9027018

>>9026061
My point exactly fag, zoom out to before the December bullrun, we are still up over 10x from a year ago and 2x from the start of the last bullrun. Funny how you want me to zoom out only to the last bullrun but not before.

>> No.9027740

>>9026862
>>9026973
>t. missed the ethereum train and now want to shill for a literal who coin

>> No.9027853
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9027853

>>9025579
Woah. I can't believe how useful this info is, why isn't this a household name.

>The market goes up, then it goes down
>Ultimately it goes up in the long run

GR8 model!