/biz/ - Business & Finance

>>19844368
for me, it's the FUD. for fear is the most powerful emotion.

>>19782726
80% cashquote bobokings report in

>>19682689
back down we go

>Nikkei, FTSE and DAX trading solidly in the red
>US futures plunging
>ultimate bulltrap completing, marked by NASDAQ ATH
It begins.

>futures turning red

We know once we get rejected hard again from 10k the price is going to crash down to at least 3k. Why are bulls in such denial over this?

1. Everyone knows about the halvening. It's not a secret, you aren't ahead of the pack. It is very common, completely public information. This is even more true this time - just see Google trends, twitter, etc.

2. Prior halvenings have always resulted in a dump. It is a classic sell-the-news moment, because the expectation is that there will be a sudden supply shock that results in a parabolic moon mission when, in reality, it takes months for sell pressure to relax in a way that has tangible effects on market price.

3. Paul Tudor coincidentally comes out a few days prior to halvening claiming his fund's buying bitcoin. This dude isn't buying bitcoin today, he's SELLing bitcoin today, right into the FOMOing halvening-tards whose interest he's trying to pique. In reality his fund probably bout two months ago at half the price.

Don't be a dumbfuck. The writing is on the wall and it's painfully clear to even the most illiterate investor.

Get your shorts ready boys, this bull trap isn't going to last long.

AND NOW IT REALLY BEGINS

rekon therell be another dump

not lately plenty o dem crab bois round tho

Excuse me, Margaret?
>Yes, Mr. Bobo?
...Stink it.

once again, bobo triumphs in the end.

literally can't stop winning. enjoy your dump, bullcucks.

you guys didn't seriously think bakkt was going to pump your meme money, did you?

>First time trying staking
>Borrow as much BTC as I can and sell at 10k
>already made a small profit
I finally understand how good it feels to be a bobo. all this time ive been missing out.

>three lower highs/lower low pairings in a row
>two of those lower highs were obvious blow-off tops
>1H RSI, 2H RSI, 3H RSI and 4H RSI are in full on panic-sell mode, none have been this low since the November 2018 dump that brought us under $6k and continued virtually unabated for days; a few more hours of this and 6H will follow suit
>MACD, NVT and several other basic crypto indicators HUGELY bearish
>market sentiment experiencing an obvious pivot to bearish
>shorts at a near ATL, meaning all liquidity is still in the form of long liquidations
There are people who STILL think this is a "healthy correction," absolutely fucking LOL. Bulls are going to be dumped on so fucking hard over the coming weeks.

>>15210437
>I shorted because the bear bobo meme images were funny, and looked cool whenever btc was crashing on it's bear market"
agreed

A THIRD long-wicked blow off top marking a lower high EXACTLY at the descending resistance trendline from the last two blow off tops (on 6/26 and 7/10). Short to medium term we will be retesting ~$9.1k again. Would be surprised if it held this time, frankly.

>>15126500
- Down $300 from the peak today (-2.5%).
- Still in a downtrend from $14k.
- MASSIVE resistance at $12k, making this our second lower low (after the lower low at $13k last month)
- Hugely overbought, mostly a kneejerk reaction to trade war FUD and overzealous TA bots
Oh yeah, I'm SHAKING. Fucking KEK.

>HODLing BTC
>HODLing altcoins
>HODLing BTC (again)
>shorting BTC

>>15016021
you linkfags are insufferable. I cant wait until link is sub $1 so I can shitpost until all the linkfags an hero.