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/biz/ - Business & Finance

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9202507 No.9202507 [Reply] [Original]

Why isn't bitcoin falling to $7800 like every single indicator and trader said?

>> No.9202518
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9202518

>>9202507
They have no power here.

>> No.9202548

>>9202507
Wait for may 15th

>> No.9202577

Once normies know about trendlines, they no longer work. This is because it's in other trader's best interests to break them so that they can profit. If someone paints a bullflag, lots of people go long. Then a whale can dump it, and it will squeeze a shitload of longs, which will dump it hard and fast. Then the whale buys back for cheap.

The trendlines that the majority use are never going to be accurate.

>> No.9202622

we had the run of normies who got shaken on the correction. biz was left shill-less and threads of doomed were everywhere.

normies started to learn trends, they found bitmex and learned they could profit by selling.

they got rekt there also. they started to see that it was never dropping to zero. the "fud" ran out of steam. bankers started talking openly and in positive light.

telegrams have started to slowly fill with spam again the pajeets are coming, the pajeets influence the normies, the normies begin to buy.

the correction ends and the bull run continues.

>> No.9202630
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9202630

Oh I guest y are new here what y just get is called the biz way.
Buy high sell low loose all of your life saving. Go go the biz way baby

>> No.9202641

>>9202507
yeeeee traders are out of the market

>> No.9202653

>>9202622
accurate

>> No.9202670

>>9202548
explian nigga

>> No.9202737
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9202737

>>9202670
Perhaps he meant May 7th? This may be a nothing burger but I tethered up just in case. Feels very similar to February rn

>> No.9203187
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9203187

>> No.9203292

>>9202507
TA is a meme

>> No.9203302

>>9202577
This guy gets it. Knowing trend lines is like being a spy. If everyone is a spy, you must be a double agent and spy on the spy.

>> No.9203312

It’s like Micheal J Fox was trying to draw straight lines

>> No.9203434

>>9203302
no, trading markets is about acting in consensus with the wining order

>> No.9203471

>>9203187
zoom out decemberfag
first sell off was in 2013
you are too late

>> No.9204046

>>9203471
>>9203187
you're both right. Crypto is fast-moving and cyclical, the chart will repeat itself

>> No.9204065

>>9202507
TA doesn't work that's why

>> No.9204395

>>9202737
>>9202507

Can't wait for you niggers to get SUPER JUSTED lol, were breaking ATH next month, 10k should be here in 7 days and then blast to 14,

>feels like February
You're literally an ape every support from 2017 Jan will be broken if this were the case, and this won't be.

Sub 7900 Bitcoin is a pipe dream you'll never see it again

>> No.9204445

>>9202518
whoa great pepe, bro. can I save it?

>> No.9204652

>>9202577
Whales like to ride the wave. To turn a wave into a megawave they control. Trading against the trend make them less have lower profits

>> No.9204677

>>9202577
This is stupid as fuck. Whales trade otc, the rest are just market participants.